Markets Slide as December Jobs Report Surges Past Expectations

Jenny Horne provides immediate market reaction to the December jobs report which clocked in at 256k jobs added, well above the 164k expected. The unemployment rate also dipped to 4.1% versus 4.2% in the prior month. Equity futures immediately sold off as the 10-year treasury rose to the highest levels since 2023.

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[AegonM]

No recession is a bad news now wow !!! I don’t get wall street sometimes

[o.g.c.]

Weird. Below low expectations is bad for market, above is bad for market.

[pt]

My ES shorts paying off HUGE today!!! 😃👍

[notinterested]

That’s because high employment leads to higher inflation. AKA “ everyone has money to spend “

[oldestlivinggamero.l.g.]

"No one wants bad job numbers"...well, except the vultures that actually manipulate all of this.

[geekmeister]

Your in the biggest stock market bubble in history.