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US stock indices trading higher after jobs report

Major US stock indices are moving higher after the US jobs report. Unemployment rate is low, job growth remains solid (although there were revisions). Earnings remain strong. People have money. People spend money. Can inflation not run? Will the Fed show some constraint after reaching their target once again?A snapshot of the market currently shows:Dow industrial average up 375.69 points or 1.13% at 33503.44S&P index of 43.5 points or 1.07% at 4104.73NASDAQ index up 126.52 points or 1.06% at 12... Read More

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Forex

Posted: May 5 2023, 13:41

Author Name: forexlive

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