Tonight, the non-farm payroll report first brought good news; once the employment data turned out to be poor, the probability of a Fed rate hike instantly dropped.

S&P and Nasdaq futures immediately surged after the report was released.

I vaguely remember Trump's complaint last month; he firmly believed at the time that the non-farm payroll exceeding expectations and the excellent US employment situation would cause stocks to soar.

The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.