Job numbers from last month were released today and they were substantially better than expected. Employers cut a net of 36,000 jobs compared to predictions that they’d cut 50,000. Moreover, the unemployment rate remained at 9.7 percent, a stat that will likely help consumer confidence slowly rise. These numbers come at a critical time as they keep the newfound market rally going. All three major indexes are currently trading up and looking to make this week one of the best in recent memory. More to come later today.




Leave a Comment