Non-Farm Payrolls Beat Forecast, American Paychecks Get Fatter, Consumers Keep Spending…Stock Markets Towards New All Time Highs?

by John Knobel

 

 US Jobs Data Beat Estimate

Lower US Interest rates

Higher Wage Growth

Higher Gross Domestic Product (GDP)

 

US Stock Markets Heading Towards New All-Time Historic Highs? 

  • SP500 futures already hits it's all time high, current $3,050
  • Dow Jones 30 not far behind...all time high 27,398.68...current 27,046...

Today's US Monthly Non-Farm payrolls (NFP) beat forecast

  • NFP crushed forecast with +128,000 new jobs against forecast 86,000

Source: FXGM Investment Research Department