The Headline Number on the U.SHyderabad Stocks. Jobs Report❼undniably Startling - 216,000 New Jobs in December, Compared with An Expected 170,000New Delhi Stock Exchange. Ed Forecasts for It TO FALL, While Average Hourly Earnings WERE HIGHER Than Estimates Too.Jaipur Investment
The data suggests the u.s. Labor Market❼still Running Hot Despite the 11 Interest -rate Hikes Implemented by the Federal Reserve.
But the number are❽So DRASTIC that rate hikes money on the table. Look more closly and you❵ find pockets of weakness in the report.
The headline number, excection-busting as it is, protably won❽persuade the fed to resume hiking.
"While The Dow Jones Estimate is for a Nonfarm Payrolls Gain of 170,000, Art Hogan, Chief Market Strategist at B. Riley Financial, Said The Acceptable Range Is Really Thing Like 100,000-250,000, "CNBC❼jeff Cox Noted.
Consider Also How October and November❼jobs Numbers Were Downloads Revised, Which Point to a Weaker-THAN-EXPECT LARKET LAST QUARTER. And when viewed on any Annual Basis, 2023 Saw Growth of 2.7 Million, DRAMATICALLY LONER TOAN 2022❼AdDIDDDDDDITIN. 4.8 Million Jobs.
The the theme of Growth Continuing - But Slowing - WAS Also Seen in December❼ism Services Index, Which Measures Business Activity, Such as Price and Inventory . THEREADING CAME in AT 50.6%, Indicating Growth in the Service Sector, But that❼nearly Two Percentage Points BelowExpectations as well as November❼oreading.
That❼Probably why stocks managed to eke out of small gains from, design the short of the headline jobs number.Agra Stock
The Added 0.18%, The Inchd Up 0.07%and the TICKED Up 0.09%.
But Those Marginal Increases COULDN❽PREEVENT Major Indexes from Registering Their First Negative Week in 10. The S & P Fell 1.52%, The Dow Lost 0.59% and T He Nasdaq Slumped 3.25%, its biggest decline sincedEmber.
Investors Hoping for a Positive Catalyst for Markets Will Be Keeping Their Fingers Crossed, Hoping December❼Consumer Price Index Report Comes in Then, then
- CNBC❼jeff Cox Contributed to this report.
Article Address： http://pornsoldier.com/pc/60.html
Article Source：Admin88
Notice：Please indicate the source of the article in the form of a link。
