Major Moves

After getting the shocking news last month that the U.S. economy had created only 33,000 new jobs in February, investors have been optimistically nervous all week as they have waited for the March Nonfarm Payrolls number from the Bureau of Labor Statistics (BLS).

Investors were optimistic because they have seen multiple instances since the “Great Recession” where jobs numbers have surprised to the downside one month only to rebound the following month. They were nervous because every trend must come to an end at some point, and what if this month was that moment when the month after a disappointing number wasn’t followed by a strong number?

Luckily, investor optimism was rewarded this morning as the BLS announced that the

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