U.S. stock market close | On non-farm payroll day, the Nasdaq and s&p 500 both closed higher, with the market adjusting its bets on a moderate interest rate cut; growth tech stocks amazon and Meta continued to hit new highs, while Tesla surged over 5% to
In November, U.S. non-farm payrolls increased more than expected, but the unemployment rate edged up slightly. The market speculates on moderate rate cuts and several voting committee members support slowing down rate cuts next year.
Express News | In December, the preliminary value of the consumer confidence index from the University of Michigan in the usa was 74, exceeding expectations.
U.S. stock market this morning | The three major indices rose collectively, AI software stocks surged, asana increased by more than 36%; high-performing stocks skyrocketed, Lululemon rose by more than 17%, ulta beauty rose by more than 13%.
On the evening of the 6th in peking time, the US stock market opened high on Friday. The non-farm payroll data for November in the usa exceeded expectations, with the unemployment rate rising to 4.2% and the average hourly wage increase surpassing forecasts. This data strengthened the market's expectations for a rate cut by the Federal Reserve in December.
Economists warn: the conflict between Trump and the Federal Reserve will be inevitable.
During the campaign, Trump promised that he would lower borrowing costs, thereby reducing the economic burden on usa households.
usa's non-farm payrolls in November exceeded expectations, but the Federal Reserve's interest rate cut in December is still pending.
The usa added more non-farm jobs than expected, but the unemployment rate rose to 4.2%, and the average hourly wage growth was strong. The reasons for the Federal Reserve to cut interest rates in December still hold, and non-us mmf currencies are collectively rebounding......
Express News | Nick Timiraos, the "Fed's mouthpiece": In November, the six-month moving average of employment growth in the usa private sector slowed to 0.108 million, the lowest level for this cycle.