Bond yields spiked after the January jobs report. While hiring in January was weaker than expected, other data indicates a strong labor market. Markets increased bets that the Fed will keep rates steady Bond yields shot up on Friday as markets took in the January jobs report. While the nonfarm payroll report showed employers added…
Consumer inflation expectations jumped amid Trump tariff threats, the University of Michigan consumer sentiment index showed on Friday. That followed a January jobs report which was, on balance, on the hawkish side for Fed policy as the unemployment rate fell to 4% for the first time since May. Source link
US stock futures rose on Tuesday, with techs leading the advance in the wait for fresh retail sales data and the start of a Federal Reserve meeting pivotal to an interest-rate cut. Dow Jones Industrial Average futures (YM=F) moved up roughly 0.2%, coming off a record-high close for the blue-chip index. S&P 500 futures (ES=F)…