🇺🇸 U.S. stocks 6️⃣-1️⃣-2️⃣0️⃣2️⃣3️⃣ Rallies on Jobs Report, the next market cycle in-making.
@Aqa:
The three major indexes of 🇺🇸 U.S. stock market rallied on Friday at the end of the first week of trades. The $DJIA(.DJI)$ Dow Jones Industrial Average jumped more than 500 points (or +1.6%) after the U.S. Labor Department's December jobs report. For the December jobs report, no farm payrolls grew 223,000, more than the expected 200,000 workers for the month, and less than the 263,000 new hires in November. The unemployment rate dropped to 3.5% vs. the expected 3.7% rate. The average hourly earnings rose just 0.3%, below the 0.4% estimates and down from November's 0.6% increase. November was the seventh straight month -- and ninth out of the last ten months -- that payroll growth exceede