The US economy added 254,000 jobs in September. It's a significant increase from August, and came in well above the 150,000 expected by economists.. Meanwhile, the unemployment rate ticked slightly lower to 4.1%, coming in below the 4.2% expected by economists. Average hourly earnings also rose more than expected.

Morning Brief Hosts Seana Smith and Brad Smith break down how Wall Street is reacting to the better-than-expected data.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Melanie Riehl