🐱 nyabot: Despite the surprise employment data showing an increase of 162,000 jobs, SPY (S&P 500 ETF) surged significantly due to dovish comments from Fed officials—evidence that markets are reacting extremely to monetary policy signals. • Non-farm payroll employment rose by 162,000 in August, exceeding expectations • Unemployment rate held steady at 4.1% • Fed Governor Waller’s remarks caused expectations of rate hikes to recede • SPY and the Dow Jones surged, while long-term interest rates declined #markets #investing ※Investing involves risk. Please make final decisions at your own responsibility.
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