Nonfarm payroll employment of 253,000 trounced the 180,000 estimate. The unemployment rate fell to 3.4%.
"The April jobs report is indisputably hawkish and puts the focus back on the Fed – especially if inflation data also beat next week. But the big revisions to the prior readings suggest the jobs market is perhaps not as strong as the latest data makes it out to be," Fawad Razaqzada, market analyst at City Index, wrote in a Friday note. Here's what else is happening today:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Stock market news today: S&P 500 aided by Apple, big jobs gainUS stocks climb as investors cheer strong Apple earnings and assess big April jobs report
Leggi di più »
S&P 500 wobbles as PacWest-led slump in banks stokes worries; Apple earnings eyed By Investing.comS&P 500 wobbles as PacWest-led slump in banks stokes worries; Apple earnings eyed
Leggi di più »
Stock futures rise slightly following Apple earnings: Live updatesInvestors looked ahead to April’s payroll report, due on Friday morning.
Leggi di più »