Wall Street is abuzz Friday morning as experts listen closely for the latest jobs report: the US Bureau of Labor Statistics (BLS) reported an addition of 256,000 nonfarm payroll jobs in the month of December, well above economist expectations of only 165,000.
Morning Brief hosts Seana Smith and Brad Smith breakdown the employment data while taking to a variety of analysts and strategists about the day's biggest markets stories.
Interactive Brokers chief strategist Steve Sosnick and EY chief economist Greg Daco sit down with the Morning Brief to react to December's jobs report and what it may indicate about the bond market (^TYX, ^TNX, ^FVX) and the Federal Reserve's interest rate policies going forward.
US Department of Labor Acting Secretary Julie Su discusses the latest employment print and the Biden administration's cooperation with helping the incoming Trump administrative team transition.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
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This post was written by Luke Carberry Mogan.