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Stocks Bet Slow Job Growth Means Slow Fed

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Stocks Bet Slow Job Growth Means Slow Fed
AIRED:
Lower hiring, lowers the chance the Federal Reserve will start slowing bond purchases and with that...blue chips climb higher. The S&P 500 sets its fourth record close in a row, and the Nasdaq rallies as well. The U.S. economy added an underwhelming 148,000 new jobs in September. The report, of course, was delayed because of the government shut down. Economists say it looks like hiring was already slowing leading into the political upheaval in Washington.moreless
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