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Wall St jumps as December jobs report eases rate worries

January 6, 2023
Source: reuters.com reuters.com
News Snapshot:
Summary Summary Companies U.S. December payrolls up 223,000 vs est 200,000 Tesla falls after cutting prices in China Indexes up: Dow 1.11%, S&P 0.92%, Nasdaq 0.62% Jan 6 (Reuters) - Wall Street's main indexes rallied on Friday as a slew of economic data including cooling wages and moderation in U.S. jobs growth in December calmed worries over the Federal Reserve's rate-hike trajectory. The nonfarm payrolls rose by 223,000 jobs in December, data from the Labor Department showed, while a 0.3% rise in average earnings was smaller than expected and lower than the previous month. The numbers for November were revised...
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China Tech Buzz Topics: AAPL | Apple | bank | bankruptcy | car | China | consumer | data | DJI | Economy | electric vehicle | energy | green | healthcare | index | inflation | investment | IT | labor | Microsoft | retail | stock market | stocks | technology | Tesla

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