The Numbers are In and the Verdict Is Out…

The Numbers are In and Verdict Is Out…

The Numbers:

1) Payrolls: Increased by 140,000 in August vs. an estimated increase of 160,000.
2) Unemployment rate: 4.2%, down from 4.3% in July

The Verdict: US Economy Adds Less Jobs Than Expected…

Dow Futures slips 33 points at 40723 after mixed jobs data while Gift Nifty steady at 24965, up 38 points.

(18:20 IST)

Long story short: Jobs Number Points to a Smaller Fed Rate Cut…

 

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