StockNews.AI

US adds surprisingly strong 256K jobs in December — dimming hopes for Fed rate cuts

New York Post • 358 days

SPYDJIANASDAQXLFXLY
High Materiality8/10

Information

Economists polled by FactSet had expected payrolls to expand by 153,000, a drop from November's 227,...

Original source

Economic

Strong job growth affects investor expectations on the Fed's rate policies, crucial for broad market movements.

FAQ

Why Bearish?

Stronger job growth suggests rate cuts are pushed further away, negatively affecting S&P performance.

How important is it?

Strong job growth affects investor expectations on the Fed's rate policies, crucial for broad market movements.

Why Short Term?

Immediate market reactions reflect the current economic data, likely impacting S&P in the near term.

Related Companies

Related News