ylliX - Online Advertising Network
General Market News

US stocks tick higher after July jobs report beats forecasts

US stocks tick higher after July jobs report beats forecasts

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

8.40am: Jobs boost US stock futures ticked higher after non-farm payolls rose by 943,000 jobs in July, more than the 870,000 forecast, with the unemployment rate falling to 5.4% last month, down from 5.9% in June and more than the predicted drop to 5.7%, the Labor Department said, on Friday. In reaction to the data, Robert Alster, CIO at investment management firm Close Brothers Asset Management commented: “Payrolls continue to paint a positive picture of the US jobs market, but the Fed will be keeping a close eye on the detail before making any decisions.

...read full article on Proactive Investors

ylliX - Online Advertising Network