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Express News | US Dec. Non-Farm Payrolls +256000 Vs +160000 Forecast, Prior +212000; US Dec. Unemployment Rate 4.1% Vs 4.2% Forecast, Prior 4.2%
Express News | US Nonfarm Payrolls (Dec) 223K Vs 164K Est.; Prior 182K
Express News | USA Unemployment Rate For December 4.1% Vs 4.2% Est.; 4.2% Prior
Wall Street warns: If you don't want a big drop in U.S. stocks, tonight's non-farm payroll needs to be "just right."
Bank of America stated that only "Goldilocks" data can keep long-term interest rates below 5%, stabilize interest rate sensitivity, and prevent the Nasdaq's leadership from wavering. "Explosive" data could lead to a decline of about 4% in the S&P 500 Index to 5,666 points.
US Morning News Call | Market Focuses on Today's Release of Nonfarm Payrolls
Fed's Musalem: Greater Caution Is Warranted on Reducing Interest Rates – WSJ