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What Cramer is watching Friday — jobs data no help for Fed, AMD mixed reviews, Meta 'compelling' - CtrlF.XYZ

What Cramer is watching Friday — jobs data no help for Fed, AMD mixed reviews, Meta 'compelling'

2 years ago 127

A "We Are Hiring" motion is posted successful beforehand of a edifice successful Los Angeles, California connected August 17, 2022.

Frederic J. Brown | AFP | Getty Images

What I americium looking astatine Friday, Oct. 7, 2022

Stocks down. Bond yields up. The government's September employment report: Nonfarm payrolls up 263,000 versus 275,000 expected, jobless complaint 3.5% versus 3.7% expected. While fewer-than expected jobs were added past month, the marketplace seems to beryllium saying that the information was not capable to deter the Federal Reserve from raising involvement rates 75 ground points astatine its 4th consecutive gathering to combat inflation. Wage inflation: mean hourly net up 0.3% successful September, up 5% twelvemonth implicit twelvemonth — somewhat higher and somewhat little than expectations, respectively.

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