Stocks, bond yields and the dollar fell on news the U.S. economy added 20,000 jobs in February, the fewest in more than a year, while worker pay jumped more than economists predicted. With the S&P 500 on track for its worst week of 2019, here’s what strategists are saying about the unemployment report. Kristina Hooper, chief global market strategist at Invesco “The February jobs report was abysmal in terms of non-farm payroll but we have to put it in the context of incredibly strong January nonfarm payrolls.
Here’s What To Make Of February’s ‘abysmal’ Jobs Reports, According To Wall Street Analysts
Sarah Ponczek and Reade Pickert / Bloomberg, Time: Business
Fri, 03/08/2019 - 8:32am
Topics: kristina hooper invesco ldquo;the february european central sameer samana wells fargo investment institute ldquo;if lsquo;i ldquo;it’ll ok and alec young ftse russell ldquo;february’s chad morganlander washington crossing advisors u.s you jim paulsen leuthold weeden capital management ldquo;there’s it&rsquo ldquo;it u.s february s&p i ldquo;the bank ldquo;it ldquo;there ldquo;the abysmal jobs reports market start put global growth monetary dollar number economy we’re that’s data lot day pressure stocks payroll concern you’re gold good news trade downward month
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