Mixed signals for US economy as job growth rises but wage growth cools.
TL;DR Summary
S&P 500 futures and Treasury yields increased on Friday after the March jobs report showed a resilient economy and moderate inflation. The U.S. added 236,000 jobs in March, about in line with expectations, with the unemployment rate falling to 3.5%. The report is likely to divide investors, with some liking the resilient economy and others wanting the Federal Reserve to back off its ongoing tightening campaign.
- S&P 500 futures and Treasury yields gain on Friday as March labor report shows resilient economy CNBC
- US Hiring Moderates, Unemployment Falls in Mixed Signal for Fed Bloomberg
- March Jobs Report: Nonfarm Payrolls Rise by 236,000, Wage Growth Cools to 4.2% DailyFX
- Treasury yields tick up ahead of U.S. jobs report, with many markets closed for holiday CNBC
- Fed Traders Boost May Hike Bets After Better-Than-Expected Jobs - Bloomberg Bloomberg
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