Financial Review

December 2017 Jobs Report

Informações:

Synopsis

….Record highs for the Dow, S&P 500, Nasdaq, and Russell 2000. 148,000 new jobs in December. Unemployment rate at 4.1%. U-6 ticks up to 8.1%. Wages continue to disappoint…. Financial Review by Sinclair Noe for 01-05-2018 DOW + 220 = 25,295 SPX + 19 = 2743 NAS + 58 = 7136 RUT + 4 = 1560 10 Y + .02 = 2.48% OIL – .42 = 61.59 GOLD – 3.20 = 1319.80   Record highs for the Dow, S&P 500, Nasdaq, and Russell 2000. The Bureau of Labor Statistics reports the economy added 148,000 new jobs in December. The unemployment rate held steady at 4.1% for the third consecutive month. Most estimates had been in the 180,000 to 200,000 range, so today’s report was a bit disappointing. The agency also issued revised figures for the two most recent months, dropping the October number from a gain of 244,000 to a gain of 211,000 and raising the November result from 228,000 to 252,000. Together, those months’ gains are now 9,000 less than had been previously reported. And the December results represent a sharp drop. However, just becaus