Nasdaq Gains 100 Points; US Economy Adds Fewer Jobs Than Projected
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 07 2025
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Source: Benzinga
U.S. Stock Market Performance: U.S. stocks rose this morning, with the Nasdaq gaining approximately 100 points and the Dow and S&P 500 also showing increases; however, financial shares dipped by 0.6%.
February Jobs Report: The U.S. economy added 151,000 jobs in February, slightly below expectations, while the unemployment rate unexpectedly increased to 4.1%.
Analyst Views on WHLR
About WHLR
Wheeler Real Estate Investment Trust, Inc. is a fully integrated, self-managed commercial real estate investment company. The Company owns, leases, and operates income-producing retail properties with a primary focus on grocery-anchored centers. It owns a portfolio consisting of seventy-five properties, including seventy-two retail shopping centers, totaling 7,660,979 leasable square feet and three undeveloped land parcels totaling approximately 11 acres. The properties are geographically located in the Mid-Atlantic, Southeast, and Northeast. The Company generally leases its properties to national and regional supermarket chains and selects retailers that offer necessity and value-oriented services and items and generate regular consumer traffic. Its portfolio consists of 75 properties, including 72 retail shopping centers and three undeveloped land parcels. 21 of these properties are located in South Carolina, 12 in Georgia, 10 in Virginia, eight in Pennsylvania.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
