"Stocks Waver After Yellen's Declaration and Buffett's Media Play Amidst Streaks and Jobs Report"

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Source: Investor's Business Daily
"Stocks Waver After Yellen's Declaration and Buffett's Media Play Amidst Streaks and Jobs Report"
Photo: Investor's Business Daily
TL;DR Summary

The Dow Jones Industrial Average and other major indexes saw a slight increase on Friday but experienced overall losses for the week, ending their nine-week winning streak. Treasury Secretary Janet Yellen expressed optimism about the economy achieving a soft landing, citing low inflation and rising wages. Job gains for December exceeded expectations, and factory orders also surpassed estimates. Warren Buffett's Berkshire Hathaway purchased 2.8 million shares of Liberty Media SiriusXM. Meanwhile, outside the Dow, Constellation Brands reported earnings growth, and Mettler-Toledo anticipated lower sales and earnings than previously forecasted.

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