#nonfarm-payrolls

#nonfarm-payrolls

Stronger-than-expected January jobs and wages supported the dollar and yields, though markets still price two rate cuts by year-end pending upcoming inflation data.

President Trump posted nonfarm payroll figures before official release, prompting the White House to review protocols on prebriefing and economic-data disclosures.

U.S. markets were mixed with large-cap indices modestly higher, Nasdaq lower, Treasury yields rising, and oil jumping ahead of December nonfarm payrolls and upcoming bank earnings.

Dollar Index stability above 98.50 signals market caution and a fragile balance between slowdown concerns and safe-haven demand, vulnerable to surprise labor data.

VOO fell 0.6% last week but is up 0.5% premarket ahead of key jobs, retail, and CPI reports; iRobot filed for bankruptcy, wiping out shareholders.

US unemployment rose to 4.4% in September while nonfarm payrolls increased by 119,000 and average hourly earnings grew 0.2% to $36.67.

Nonfarm payrolls rose by 119,000 in September with unemployment at 4.4%; manufacturing employment continues a slow decline since late 2022.