Director / Editor: Victor Teboul, Ph.D.

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Jobs Report Boosts US Stock Prices

U.S. equities traded higher as markets opened Friday to a disappointing employment report. According to the U.S. Bureau of Labor Statistics, total nonfarm payroll employment increased by 151,000 in August, and the unemployment rate remained at 4.9 percent, versus expectations of 180,000 jobs and a decrease in the unemployment rate to 4.8 percent. Earlier in the week, a report from the Institute of Supply Management showed U.S. factory activity contracted for the first time in six months...

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