Jobs Report: Hiring Surges As Jobless Rate Falls; S&P 500 Futures Lower

Job growth remained was surprisingly strong in January, as employers added 517,000 payroll positions, while the unemployment rate fell to a new half-century low of 3.4%. But wage growth, key to outlook for inflation and Fed rate hikes, continued to moderate. After the jobs report, S&P 500 futures…

#missesemployment #labordepartment #ibd #jeromepowell #treasury #futuresfall #futureslower