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Stock impact report

April US jobs report shows looser labor market, good news for Fed [Yahoo! Finance Canada]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
which are good news for markets and the Federal Reserve that will likely require more such signals before pivoting from a higher for longer policy. Nonfarm payrolls increased by 175,000 jobs last month, the Labor Department said in its employment report on Friday. March was revised up to show payrolls rising by 315,000 jobs instead of 303,000. Economists polled by Reuters had forecast payrolls advancing by 243,000. The unemployment rate rose to 3.9% from 3.8%. Wages increased 3.9% in the 12 months through April after rising 4.1% in March. MARKET REACTION: STOCKS: S&P 500 e-mini futures added to gains and were up 1.16% pointing to a strong open on Wall StreetBONDS: The U.S. Treasury 10-year yield fell and was last at 4.483%; Two-year yields fell to 4.772%FOREX: The dollar index retreated 0.64%, while the euro was up 0.67% ADVERTISEMENT COMMENTS: BRIAN JACOBSEN, CHIEF ECONOMIST, ANNEX WEALTH MANAGEMENT, MENOMONEE FALLS, WISCONSIN“The labor market just took one big step towar Show less Read more
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