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Cooler Jobs Market Won’t Rule Out Another Hike, Fed’s Barkin Says

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Federal Reserve Bank of Richmond President Thomas Barkin said that moderating employment last month was a welcome indication of a normalization of the labor market but that his view on whether to raise rates again will depend more on inflation reports.

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Stock market today: Wall Street adds to weekly gains after cooler-than-expected jobs reportNEW YORK (AP) — Wall Street’s best week this year is getting even better following a cooler-than-expected report on the job market. The S&P 500 was up 0.5% higher in early trading Friday.
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October jobs report: Signs of a labor market cooldown, slowing wage growth in focusInvestors are looking to the jobs report for clues on whether the economy is running too hot for inflation to come down.
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Stock market news today: Stocks jump as jobs growth cools more than expectedThe October jobs report showed a bigger slowdown in hiring than forecast, reinforcing hopes for an end to Fed hiking.
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Stock market news today: Tech stocks slip amid Apple gloom, with jobs report on deckApple's disappointing growth outlook is weighing on spirits as investors look to the crucial October jobs report.
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