US Markets
Home›US Markets›Indices›Markets rally after surprise U.S. job losses
Markets rally after surprise U.S. job losses
The WSJ reports a positive read-through for manufacturing jobs alongside a sharp jump in Airbnb shares.
Wall Street rose after fresh U.S. labor-market data showed job losses that came in below expectations, driving a broad risk-on move, according to The Wall Street Journal.
The WSJ noted that manufacturing jobs remained a bright spot even as overall job figures surprised to the downside.
In company-specific trading, Airbnb shares surged sharply following the market move, with the outlet pointing to strong stock momentum for the company amid the day’s jobs-driven volatility.
← Newer storyJudge blocks Pentagon from labeling WuXi AppTec a Chinese military co…Older story →Foundation Alloy leases 36,055 sq ft in Woburn for manufacturing HQ
More like this
Sources
WSJ MarketsMarkets Rally on Surprise U.S. Job Losses