Premarket stocks: What markets are watching after digesting the US jobs data
Written by Black Hot Fire Network on April 10, 2023
New York(CNN) In an unusual coincidence, the US jobs report was released on a holiday Friday — meaning stock markets were closed when the closely-watched economic data came out.
It was the first monthly payroll report since Silicon Valley Bank and Signature Bank collapsed. It also marked a full year of jobs data since the Federal Reserve began hiking interest rates in March 2022.
While inflation has come down and . . .