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Stocks Shake Off Low December Jobs Number, Tiffany’s Sales Sparkle

August 29, 2023
in Trade Tube
Reading Time: 1 min read
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Stocks are trading slightly higher Friday morning, shaking off the nonfarm payrolls report for December which showed the worst level of monthly job creation in almost three years. In corporate news, Tiffany is moving higher after posting sparkling holiday sales results. Shares of Infosys are climbing after the IT company posted strong third quarter results, surprising the street with more than a 21% rise in profit year-over-year. Lastly, shares of retailer Abercrombie & Fitch continue to rise after upgrading its profit expectations for the full year based on higher-than-expected sales for the fourth quarter.

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