Jobs focus drives stocks as markets watch Fed guidance
Markets with the S&P 500 near a record high are centered on jobs data while investors look for cues around a 50-50 rate-hike outlook and the Federal Reserve chairman’s lack of forward guidance.
By Callum KeownJobs, jobs, and more jobs-but hopefully not too many.
That's the name of the game today for markets with the S&P 500 near a record high.Economic data are always important.
But when a rate-hike decision is seen as 50-50 and the Federal Reserve chairman refuses to give any forward guid…