Business Rundown: The Jobs Report That "Shook The Market"
Update: 2025-01-13
Description
The jobs report last Friday, which exceeded expectations, may have been positive for the labor market, but now Wall Street sees the chances of another rate cut fading while inflation fears are further stoked.
Fox Business correspondent Lydia Hu speaks with Slatestone Wealth’s Chief Market Strategist Kenny Polcari about why this jobs report shook the market, the inflation data to watch closely this week, and the trend of big companies shedding their DEI policies.
Photo Credit: AP
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