Tom Essaye, Highlights The Significance of The Job Data
Significance of The Job Data: Tom Essaye Quoted in Investing.com
Wall Street’s Anticipation: Payrolls Data to Influence Fed’s November Decision?
Amid concerns about how upcoming data may impact interest rates, U.S. equities leaned towards a lower close as the S&P 500 fluctuated above a crucial support point. A potential boost in Friday’s monthly non-farm payrolls could lead to increased yields and a further stock decline.
Tom Essaye, highlighted the significance of the job data, suggesting it could greatly influence the S&P 500’s trajectory.
Also, click here to view the full Investing.com article published on October 5th, 2023. However, to see the Sevens Report’s full comments on the current market environment sign up here.
Lastly, If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.
To strengthen your market knowledge take a free trial of The Sevens Report.
Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.