BREAKING: $710 BILLION JUST FLOODED INTO U.S. STOCKS.
The unemployment rate jumped to 4.2%, a 3-month high, while September payrolls added just 29,000 jobs.
Markets exploded higher at the open: Nasdaq +1.27%, S&P 500 +0.89%, Dow +0.67%.
Nvidia +1.99%, Tesla +3.74%, AMD +3.26%, Amazon +1.94% and Google +1.72%.
A softer labor market pushed Treasury yields lower and reduced expectations for another Fed hike.
LIQUIDITY LOVES WEAKER DATA.
The unemployment rate jumped to 4.2%, a 3-month high, while September payrolls added just 29,000 jobs.
Markets exploded higher at the open: Nasdaq +1.27%, S&P 500 +0.89%, Dow +0.67%.
Nvidia +1.99%, Tesla +3.74%, AMD +3.26%, Amazon +1.94% and Google +1.72%.
A softer labor market pushed Treasury yields lower and reduced expectations for another Fed hike.
LIQUIDITY LOVES WEAKER DATA.
