Analysis: The release of non-farm data sends strong positive economic signals, which may cause the Federal Reserve to slow down its pace of interest rate cuts
ChainCatcher news, according to Jinshi reports, the non-farm employment data for September showed that 254,000 new jobs were added in the US job market last month, and US stock index futures rose.
The Standard Poor's 500 Index futures rose by 0.7%, higher than about 0.3% before the data was released. Traders are weighing positive signals of strong economy in the report and the possibility that strong job growth may slow down Federal Reserve's pace of interest rate cuts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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