243,000 New Jobs
The economy created 243,000 new jobs last month. The unemployment rate ticked up to 4.8%. Wages were up slightly, although that’s been sluggish lately.
The yield on the 10-year bond (^TNX) is up sharply this morning. It’s now at the highest level since June 2004. The yield is very close to breaking that level and reaching its highest point since July 2002.
Posted by Eddy Elfenbein on March 10th, 2006 at 10:01 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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TSLA and MSFT both -4% AH
ATHs today for JPM, MS and BK
today's newsletter https://cws.substack.com/p/cws-market-review-january-28-2025
Nice earnings from Stryker. $4.01 vs 3.87 est.
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 