There are 2 worries for the stock market in Friday's jobs report, former SAC Capital macro trader says

Friday’s monthly jobs report for August points to a further cooling in the labor market, a welcome sign for markets and the Federal Reserve’s inflation fight.

While he’s focused on 187,000 new jobs in August coming in higher than expected, a more crucial factor for him might be the average workweek edging up to 34.4 hours, while employment for temporary workers fell. As of August, the 3-month rolling average was 3.6%. The rule would be triggered if the current unemployment rate holds for two more months, Corey said.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

5 things to know before the stock market opens FridayHere are the most important news items that investors need to start their trading day.
مصدر: NBCPhiladelphia - 🏆 569. / 51 اقرأ أكثر »

The Investing Club's top things to watch in the stock market FridayEquities opened higher Friday with all three major U.S. indices on track for solid weekly gains.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Berkshire Hathaway Inc. Cl B stock rises Friday, outperforms marketShares of Berkshire Hathaway Inc. Cl B inched 0.63% higher to $362.46 Friday, on what proved to be an all-around great trading session for the stock market,...
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »