Jobs Report Injects Dose of Reality to Traders, Stocks Gyrate After Strong December Payrolls
-
Jobs report helps deliver ‘dose of reality’ to traders assuming Fed will ease more aggressively
-
BlackRock’s Rick Rieder says traders have made assumptions not aligned with Fed projections
-
Dow Jones ends higher, stocks gyrate after December jobs report showing strong payrolls rise
-
Coverage follows four straight losses for the S&P 500
-
Jobs report released on January 5, 2024