FBC Varney July 4, 2024
The union speech and the latest on jobs. Lets start there, because we just received the report. This is news. 275,000 jobs added to the economy in february. That is way down from the reading in january. The unemployment rate, that kicked up to 3. 9 , but that still is historically a low rate. Heres the Market Reaction to that. Stocks picked up when those numbers were release. They had been down, markets were down, dow up maybe 4, s p up 12, but the nasdaq 40 points ahead in the early going. The 10year yields, theyre coming down. Very close to the 10year, to 4 even. You now at 4. 07. Down just ...
Source: archive.org