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Nonfarm employment

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MarketNews09/28, 22:48

JPMorgan trading desk turns bullish on U.S. stocks again, favoring technology and bank stocks

BlockBeats reported that JPMorgan’s trading desk turned bullish on U.S. stocks again ahead of the U.S. nonfarm payrolls report, with a strong preference for the technology and banking sectors, and no longer recommends using short positions in the Russell 2000 index to hedge long positions in technology stocks.

MarketNews09/27, 12:36

Next week will see a flurry of U.S. employment and inflation data releases and central bank speeches

The report said that the United States will release a concentrated batch of JOLTs, core PCE、GDP、ADP、ISM, initial jobless claims, and nonfarm payrolls data next week, while central bank officials from Europe and the United States will also speak extensively; OPEC+ will hold its monthly oil policy meeting.

# Industry Insights # U.S. economic data # Nonfarm employment # Central bank policy # Crude oil supply

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