NEW YORK (
) -- The market needs more conviction in one direction or another. Friday's jobs report may be the answer.
The selloff of the year only lasted one day (
Tuesday ). The subsequent rebound on Wednesday and Thursday wasn't too impressive given the low volumes.
Economists are looking for 225,000 in job gains for the month of February.
We've been talking about improvement in the jobs market for some months now. So, could all the bullish sentiment already be baked in? Some investors say not only does the headline figure need to hit at least 200,000, the January's gain of 243,000 needs to stay put.
Join our jobs blog for a minute by minute discussion of the government's report.
-- Written by Chao Deng in New York.
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