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Could April job gains actually be 'a goose egg' for the Fed?
The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) are moving higher ahead of Friday's close after the US Bureau of Labor Statistics (BLS) reported the labor market grew by 115,000 jobs in April. The Wealth Consulting Group chief market strategist Talley Leger examines how the Federal Reserve may interpret this data, especially as fed Chair Jerome Powell's term is set to end next Friday, May 15.
The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) are moving higher ahead of Friday's close after the US Bureau of Labor Statistics (BLS) reported the labor market grew by 115,000 jobs in April. The Wealth Consulting Group chief market strategist Talley Leger examines how the Federal Reserve may interpret this data, especially as fed Chair Jerome Powell's term is set to end next Friday, May 15.