Monday was the first full session for stock investors to react to Friday's March jobs report. The US economylast month, below the 239,000 median forecast and cooling from February's 326,000 reading. The unemployment rate fell to 3.5%, and the labor force participation rate rose.
"Visibility into the persistence of inflation, direction of interest rates, and pace of earnings growth should improve this week," Terry Sandven, chief equity strategist at US Bank Wealth Management, told Insider in emailed comments. Coming later this week will be the March consumer price index report and the first quarterly results from big banks after the collapses of Silicon Valley Bank and Signature Bank.
O... Pivotpowell! PivotPowell! Wherefore art thou, pivotpowell...
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »
Stock market news today: S&P 500 falls after jobs reportUS stocks fall as investors weigh how Friday's jobs data will impact the Fed's next rate decision stocks didn't 'fall', they were UP!
Source: BusinessInsider - 🏆 729. / 51 Read more »
30 best global stock picks to buy now: How to beat the market, RBCRBC: Buy these 30 high-conviction stocks as they continue delivering market-beating returns in an up-and-down year
Source: BusinessInsider - 🏆 729. / 51 Read more »