As I write this, the markets are just opening. Early results suggest investors liked what they saw from this morning’s jobs report. All the major indexes are up at least 0.60%. We’ll see if it lasts or not.
U.S. employers added 254,000 jobs in September, considerably higher than the 159,000 in August. As a result of last month’s job creation, the unemployment rate dropped by 10 basis points to 4.1%, according to the Labor Department.
