Last Week's Market Moves:
The Labor Department reported today 155,000 jobs were added to U.S. non-farm payrolls in November, below the forecast of 198,000. The unemployment rate held steady at 3.7% and wage growth was unchanged from last month as average hourly earnings rose at an annualized rate of 3.1%. The unemployment rate continues to stay at a multi-decade low.
Even with non-farm payrolls missing the forecast, a Federal Reserve hike in interest rates is still hig...Continue Reading