Jobs Friday 3/8/24 - Power Lunch

What this episode covers

Stocks have turned lower this afternoon as markets digest the jobs report. 275,000 jobs were added in February – which was more than expected. Wages ticked up, but less than forecasted. And the unemployment rate jumped to 3.9%. Looking at the weekly market numbers, the S&P 500 is the only of the major averages set to finish the week with a gain. Plus, Bitcoin is on pace to close out a strong week with a new record, crossing $70,000 for the first time ever.

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Frequently Asked Questions

How long is this episode of Power Lunch?

This episode is 42 minutes long.

When was this Power Lunch episode published?

This episode was published on March 8, 2024.

What is this episode about?

Stocks have turned lower this afternoon as markets digest the jobs report. 275,000 jobs were added in February – which was more than expected. Wages ticked up, but less than forecasted. And the unemployment rate jumped to 3.9%. Looking at the weekly...

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