Investors were clearly hoping for better jobs numbers. After all, the Dow enjoyed its biggest point jump of the year on Thursday.The Dow rose nearly 150 points shortly after the open but was down more than 200 points, or 0.6%, in late-morning trading. The S&P 500 gave up earlier gains too and was down 1.2%. Tech stocks really took it on the chin. The Nasdaq fell 2.1% after opening in green.The weaker jobs gains could mean the Federal Reserve will keep propping up the economy.
Omicron and the Fed might finally kill this bull marketStocks are still down a bit for the week. They've been whipsawed on the news earlier this week that Omicron cases have arrived in the US. "There is still significant investor apprehension," said David Jilek, chief investment strategist at Gateway Investment Advisers."The market is more susceptible to volatility.
That the ATT talking points for today?🙄 Never watching again!
So in a week we will see the real number is 500k higher? The dump guy in charge of that lied last time.
blah blah blah, what’s going on with Chris Cuomo?
Let’s go Brandon. Build back better my ass
Again , garbage framing. This is a lot of jobs again, unemployment dropped even farther, and most importantly the margin of error on these monthly numbers is HUGE. Look at the revisions upward from earlier this year.
“More jobs is a bad thing”
what? unemployment is lower than expected... what are you smoking CNN?
We don't have enough people to fill the jobs out there anyways. It should have been put as Thank God that's all we've added since we can't fill what we have instead.
Politics 200K is a great number on any day! And the problem is with the people ‘expecting’ a certain number of jobs. Expecting based on what? How deep they can reach in their Expert Behinds and pull numbers? If they had fingers on the economic pulse, they’d predict better!
Why are you so pessimistic? The media creates a false narrative .So what not as many were created this month maybe it will be higher next month.Unemployment is down to 4.2 come on nowhere did you say that.
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