Stocks Close the Week Lower on Mixed Jobs Report, COVID-19 Omicron Variant Volatility

Stocks closed lower Friday after a volatile week that saw investor skittishness over the COVID-19 omicron variant. Investors were also eyeing the mixed November jobs report, which showed a lower than expected number of 210,000 jobs added, but unemployment falling to 4.2%. Aadil Zaman, Partner at Wall Street Alliance Group, joins Cheddar News' Closing Bell to discuss today's close, the mixed jobs report, what impact the omicron variant could have on markets, and more.

Jun 16, 2022

More Videos

The Federal Reserve Wants You to Pay Off That Credit Card Debt

The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).

Apple Earnings Are This Week – And It All Comes Down to iPhone Sales

Apple may be making headlines for flashy A.I. investments, but Thursday’s first quarter earnings could show some ‘struggle’ when it comes to sales.

Unlock Financial Empowerment with 'Investing Is Your Superpower' - Simplifying Finances for Everyone

Empower your financial future with 'Investing Is Your Superpower' by Shinobu Hindert. Learn how to take control of your finances. No economics degree required

Job Search Strategies: Expert Advice from Robynn Storey, CEO of Storeyline Resumes

Discover expert job search strategies from Robynn Storey, CEO of Storeyline Resumes and author of "Career Confidence."

Worried About Stagflation? Watch Friday’s Jobs Report Closely

Inflation is still high, and economic activity is starting to slow down. But before you start to panic about stagflation, wait to see this week’s jobs report.

XStereotype Combats Bias In Media with AI

AI-powered platform XStereotype is setting out to help content creators analyze their content and offer data insight to maximize inclusion.

This Company Wants to Halve Your Heating Bill and Emissions

With buildings responsible for over 40% of emissions worldwide, the CEO of Kelvin breaks down how its technology can be used to retrofit traditional radiators.

Meet Stagflation: It Might Even be Worse Than a Recession

After battling inflation for years, now U.S. consumers have to prepare for stagflation, and, unfortunately, it could be more complicated to fix than a typical

Lightspeed Partner Talks Early Investment In Rubrik

Lightspeed co-foudner, Ravi Mhatre, sits down with Cheddar the NYSE to discuss why it invested in Rubrik early on and celebrates the company's IPO.

How Elf Labs Is Reimagining Some Of Your Favorite Fictional Characters

Elf Labs CEO, David Phillips, speaks to Cheddar about how the company came to be and how it is bringing forth fairytale characters in new and exciting ways.

Trending Now