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9:25 AM ET
The February jobs report showed solid hiring, not helping chances for an early Fed rate cut. But there were downside revisions
9:25 AM ET
The February jobs report showed solid hiring, not helping chances for an early Fed rate cut. But there were downside revisions
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Stock Market Today3/7/2024
Stocks Strengthen Ahead Of Jobs Report; Entegris, On Holding, Cloudflare In Focus
Winners beat losers on the S&P 500 by more than 2-to-1, but the ratio was less than 2-to-1 positive on the Nasdaq. All eyes will be on Friday’s employment report, which is expected to show February nonfarm payrolls up 190,000. Entegris topped a new buy point in heavy volume. Sellers have been in On Holding ahead of next week’s earnings report. And Cloudflare is pulling back in orderly fashion after surging on earnings.
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