🇺🇸 U.S. stocks 6️⃣-1️⃣-2️⃣0️⃣2️⃣3️⃣ Rallies on Jobs Report, the next market cycle in-making.
The three major indexes of 🇺🇸 U.S. stock market rallied on Friday at the end of the first week of trades. The $DJIA(.DJI)$
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 exceeded estimates.
The $S&P 500(.SPX)$
The upsurge in stock market today across the board shows the market gaining strength and confidence for the first week of trades in 2023. Wall Street expects inflation to moderate and the Federal Reserve to slow down tightening in the first half of 2023,which should help take the global economy from the current contraction to a recovery regime and set the stage for the next market cycle.
$Intel(INTC)$
$Tesla Motors(TSLA)$
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