Today's jobs report showed a surprisingly large payroll gain and steady unemployment rate. Although the focus is on inflation and next week's key reports, August labor market data could be a tie-breaker influencing the outcome of the Federal Reserve's Sept. 16 policy update. S&P 500 futures slipped modestly after the jobs report.
That follows Thursday's rally for stocks and bonds…
Extract — continue reading at the source.
Related stories
Micron, SanDisk Jump 4% Even as Hot Jobs Report Briefly Flips Fed Hike Odds Above 50%
WealthStack Roundup: Envestnet to Pour $35M Into Tamarac Platform
Charles Schwab, Robinhood In Or Near Buy Zones But Interactive Brokers Triggers A Sell Signal
Meet the Low-Cost ETF That Solves the Vanguard Morningstar Value ETF's Biggest Flaw. Here's Why It's a Magnificent Buy in September.
Rising interest rates pose a major threat to stock prices and other assets
GLOBALFOUNDRIES (GFS) Surged on Robust CID Growth and Dividend Announcement