News Formal

US stocks rise as markets gird for govt jobs report

  • 📰 malaymail
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 86%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

NEW YORK, March 9 — Wall Street stocks picked up today as traders await official jobs data that is set to inform the US Federal Reserve's interest rate decision at an...

NEW YORK, March 9 — Wall Street stocks picked up today as traders await official jobs data that is set to inform the US Federal Reserve's interest rate decision at an upcoming policymakers' meeting this month.

But latest indicators suggest the world's biggest economy is not cooling as quickly as policymakers hope. On Wednesday, payroll firm ADP said that in February, private sector employment surged by 242,000 jobs, significantly higher than January's figure.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks tread water after shock over Powell rate warningNEW YORK, March 9 — Stock markets were mixed on Wednesday after Federal Reserve chief Jerome Powell triggered a rout a day earlier by warning that higher interest rate hikes...
Source: malaymail - 🏆 1. / 86 Read more »