Stocks climb as job report gives some solace after wild week

Stocks climbed Friday after a report showed the U.S. jobs market is still growing enough for the unemployment rate to drop to a five-decade low, even though it’s slowing.

“While the bears may take this as a further confirmation of a slower economy, it is actually a pretty strong read, especially when you factor in previous revisions” said Mike Loewengart, vice president of investment strategy at E-Trade Financial. KEEPING SCORE: The S&P 500 was up 0.7%, as of 10 a.m. Eastern time. The index, though, remains down 1% for the week.

Friday’s mixed report shows a jobs market that is slowing but still growing, and economists said it perhaps means a rate cut at the Federal Reserve’s meeting later this month is no longer a slam dunk. In Asia, Tokyo’s Nikkei 225 added 0.3%, while Hong Kong’s Hang Seng tumbled 1.1% and Seoul’s Kospi fell 0.5%.

Funny they dont mention that 47% are having to two of those jobs to feed their families!,,,, yep everythang is Great!

The only thing investors can know for certain about the stock market going forward is that it will be volatile and as up and down as Trump's temper. However, if there was a trade agreement with China . . .💲💲💲💲

What jobs?

Has anyone checked in to how the White House collects these figures? I remember learning in college that there are “lies, damn lies, and statistics”. Hmmmm...

👏🏽👏🏽👏🏽👏🏽 good job TRUMP, going to vote for TRUMP again in 2020 😍

All this good news with this impeachment nonsense center stage that's the dems want a distraction from all the winning. Then again Trump did this to himself that call was stupid now hia legacy will be officially tarnished with a House impeachment smh

can we trust the jobs report knowing the information we got last month, as well as the web of deceit being cast the last two weeks?

screw all these meetings, panels, inquiryies Do what the GOPs would do if this was Obama, He'd be strung up out back on the White House lawn....FACT

The day ain’t over.

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