Jobs data, S&P 500, Biden's State of the Union: 3 Things
03/08/2024 21:44
The US Bureau of Labor Statistics reported that 275,000 non-farm payroll jobs were added to the US economy in the month of February. While outpacing expectations for only 200,000 jobs, the national unemployment rate also rose 0.2%. The S&P 500 (^GSPC) climbed to a new record high on Thursday's market close. Wall Street continues to watch key AI and tech catalysts, particularly the gains seen across notable semiconductor stocks. Lastly, President Biden referenced the consistent jobs growth in the US labor market seen under his administration in his State of the Union address last night. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
The US Bureau of Labor Statistics reported that 275,000 non-farm payroll jobs were added to the US economy in the month of February. While outpacing expectations for only 200,000 jobs, the national unemployment rate also rose 0.2%.
The S&P 500 (^GSPC) climbed to a new record high on Thursday's market close. Wall Street continues to watch key AI and tech catalysts, particularly the gains seen across notable semiconductor stocks.
Lastly, President Biden referenced the consistent jobs growth in the US labor market seen under his administration in his State of the Union address last night.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.