Stocks rise on blockbuster jobs report: Yahoo Finance Live
All three of the major indexes (^DJI, ^IXIC, ^GSPC) jumped after a surprisingly strong March jobs report. The US added 303,000 jobs last month, far more than the 214,000 economists were expecting. The unemployment rate was 3.8%, down slightly from the 3.9% in February. The big question for investors is what the report means for the Federal Reserve. In a speech, Federal Reserve Governor Michelle Bowman warned inflation is still too high for the central bank to start cutting rates. Trending tickers on Yahoo Finance include ExxonMobil (XOM), Occidental Petroleum (OXY), Nvidia (NVDA).
Top guests today include:
3:00 p.m. ET - Michael Gapen, BofA Securities Head of U.S. Economics
3:20 p.m. ET - Kelly Kowalski, MassMutual Portfolio Manager
3:40 p.m. ET - Chris Dendrinos, RBC Capital Markets Analyst
4:15 p.m. ET - Skylar Olsen, Zillow Chief Economist
4:50 p.m. ET - Tom Vice, Sierra Space CEO