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Goldilocks is back.
Friday's report that the U.S. added 110,000 jobs last month emboldened bulls. Stocks rallied, reflecting investors' belief that the Federal Reserve's interest rate policy "threaded the needle" and kept the economy growing without spurring inflation.
"The Fed tightened just enough through June of last year to pop a couple of bubbles and un-tighten the labor market," says T.J. Marta, fixed income strategist at RBC Capital Markets. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
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