Strong jobs report boosts US stock market, eases rate hike fears
Amidst a buoyant week for the stock market, a robust jobs report reaffirms the resilience of the US economy...
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Amidst a buoyant week for the stock market, a robust jobs report reaffirms the resilience of the US economy...
"Easing wage growth means we're not in the middle of a labor-market induced inflation surge," Carson Group's Sonu Varghese said.
(Bloomberg) — The stock market is ending the week on a positive note after a blowout jobs report signaled the US economy will continue to power Corporate America — even if that means the potential for still elevated interest rates. Equities climbed after a rough few days that put the S&P 500 on track for…
(Bloomberg) — The stock market ended the week on a positive note after a blowout jobs report signaled the US economy will continue to power Corporate America — even if that means the potential for still elevated interest rates. All major groups in the S&P 500 gained, with the gauge rising more than 1%. Wall…
"Easing wage growth means we're not in the middle of a labor-market induced inflation surge," Carson Group's Sonu Varghese said.