December Jobs Report Beats Expectations: What the Experts Are Saying
Ordinarily, stronger-than-expected hiring would spook the market, but slowing wage growth caused stocks to pop.
Source: kiplinger.com
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Ordinarily, stronger-than-expected hiring would spook the market, but slowing wage growth caused stocks to pop.
There also appeared to be some gains made in a measurement watched even more closely by the Fed: Core CPI.
The FTSE100 climbed 1.86 per cent, or 132.69 points, to 7281.19 while bourses in Paris, Frankfurt and Milan also rallied sharply.
U.S. employers hired more workers than expected in August.
The FTSE100 climbed 1.86 per cent, or 132.69 points, to 7281.19 while bourses in Paris, Frankfurt and Milan also rallied sharply.