Stocks Soar on Strong US Job Numbers
Both US Nonfarm Payrolls (147K vs Street 110K) and US weekly jobless claims (233K vs Street 240K) have come in better than expected, sparking a rally in US index futures, which are now up 0.2%-0.3%, heading into tomorrow’s US Independence Day holiday. In other news, Trump’s ‘Big Bill’ continues to move toward a final vote […]
Nonfarm Payrolls Big Beat Sends Stocks Soaring
US nonfarm payrolls came in well above expectations (254K vs street 140K) sparking a surge in US index futures trading. The three main contracts are now up 0.3% to 0.8% with Nasdaq futures leading the way higher. Index futures had already been trending upward overnight on the news that US port workers agreed to call […]