May 23, 2013

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Reporter: Bloomberg Email

Friday's Bloomberg Market Report

Despite the latest jobs numbers, there’s new optimism on Wall Street. Here's the Friday Bloomberg After The Bell Report.

New York Stock Exchange
8234.51 up 73.95

American Stock Exchange
2426.16 down 2.37

Nasdaq Composite
3136.42 up 0.61

Standard and Poors 500
1437.92 up 5.80

Oil rose for a third day as U.S. payrolls increased less than expected in August, raising speculation that the Federal Reserve will enact stimulus to try to boost the economy. Stocks rose as well on that speculation, giving the S&P its biggest weekly gain since June.

The top 10 list of most popular moving destinations of the summer is out. Washington, D.C. took the top spot and Chicago ranked second, according to statistics from United Van Lines that analyzed domestic moves from May 1st through August 31st.

Coca Cola's newest drink won't come in a bottle or can and people will only need a squirt or two to enjoy it. According to The Associated Press, Pepsi will introduce its Dasani drops in the next few weeks, which can be squeezed into water for some fruity flavor. Pepsi is not the first to come out with a product like this. Kraft has been ahead of the game in this category.


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