06/09/2021
The major indexes ended the week mixed after the S&P MidCap 400 Index joined the S&P 500 and Nasdaq Composite indexes in reaching new intraday highs on Thursday.
The Non-Farm Payrolls (NFP) number in the US come in well below expectations. Around 735k jobs were expected to have been added in August but the number was closer to 235k. Previous months’ gains were revised higher, however, and the unemployment rate fell to a new pandemic-era low of 5.2%.
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Headline this week: Last Friday, we saw the Non-Farm Payrolls (NFP) number in the US come in well below expectations. […]