rose around 12% and 3%, respectively, on the back of reports that exceeded analysts' expectations.
These are among the latest reports this earnings season. More than 78% of S&P 500 companies have given results, with about 80% surpassing Wall Street expectations, according to FactSet.for further insights into the strength of the labor market and economy.
"All eyes are on the jobs report," Haworth said. "We just want to see: Is the Fed getting some help here on the inflation fight?"to grow by 200,000 in July. Meanwhile, the consensus estimate shows the unemployment rate should hold steady at 3.6%. Economists are expecting average hourly wages to rise by 0.3% from June and 4.2% on an annualized basis.
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