End of a Very Busy Week | What You Missed In Markets 5/03

Stocks notched their biggest advance since February as a slowdown in US jobs sent bond yields sliding, with traders reviving bets on Federal Reserve rate cuts this year. A softer-than-estimated payrolls number - that did not signal the labor market is rolling over - and a cooldown in wages appeased investors worrying about “stagflation” or a recession. Instead, the latest employment print gave fodder to the believers in an economy that is gradually slowing and would allow a data-dependent Fed to start easing policy as early as September.
--------
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ysu5b8a9
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv

Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com/@bloombergbusi...
Reddit: / bloomberg
LinkedIn: / bloomberg-news

More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals

Watch more on KZbin:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts

[@abelflores1929]

Roller coaster