Lates News

Janney Montgomery Scott's chief investment strategist Mark Luschini said: The non-farm payroll report is mixed, but overall strong enough to support the Federal Reserve's decision to stand pat. The downward revision of the data weakened the overall figures, and the slowing wage growth may indicate some slack in the labor market. But the most important point is that the unemployment rate did not see a significant increase, which is a positive sign for the economy.