The Jobs Report Was Almost 3 Times Better Than Expected. Why Stocks Fell Anyway
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Wall Street got a much stronger-than-expected jobs report on Friday. Counterintuitively, stocks fell.
The U.S. economy added 162,000 jobs in August, nearly three times consensus expectations, while unemployment held at 4.1%. Treasury yields jumped as investors increased bets on another Federal Reserve rate hike, since a strong economy could lead to higher inflation and increa
Wall Street got a much stronger-than-expected jobs report on Friday. Counterintuitively, stocks fell.
The U.S. economy added 162,000 jobs in August, nearly three times consensus expectations, while unemployment held at 4.1%. Treasury yields jumped as investors increased bets on another Federal Reserve rate hike, since a strong economy could lead to higher inflation and increa
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