21:49:42
Federal Reserve Board Governor Bowman: We will remain cautious in deciding future changes in policy stance.
21:49:28
Federal Reserve Board Governor Bowman: The extent of data revisions in the past few years has made it more challenging to assess the economy.
21:49:20
Federal Reserve Board Governor Bowman: Fiscal stimulus may stimulate demand, delay or even reverse the inflation process.
21:48:41
Federal Reserve Board Governor Bowman: We still expect inflation to decline as interest rates remain stable.
21:48:16
Federal Reserve Board Governor Bowman: Geopolitical developments are also an upside risk to inflation.
21:48:10
Federal Reserve Board Governor Bowman: The influx of new immigrants may push up rents.
21:47:53
Federal Reserve Board Governor Bowman: It is not clear whether further supply-side improvements will continue to reduce inflation.
21:47:35
Federal Reserve Board Governor Bowman: Inflation is expected to remain high for some time.
21:47:25
Federal Reserve Board Governor Bowman: Data shows that the decline in inflation rate at the end of 2023 is temporary.
21:36:07
Spot silver fell by $0.4 in the short term, down more than 2.00% on the day, and is now trading at $26.13 per ounce.
21:35:00
The final value of the US S&P Global Services PMI for April will be released in ten minutes.
21:34:56
Spot gold fell $24 in the short term, hitting $2,280 an ounce, $40 lower than its post-non-farm high, and fell more than 1% on the day.
21:31:53
Amgen (AMGN.O) shares rose 14%, its biggest one-day gain since 2009.
21:30:27
[Non-farm payrolls surprise, US stocks open higher] US stocks opened, the three major stock indexes opened higher, the Dow Jones Industrial Average rose 1.27%, the S&P 500 rose 1.25%, and the Nasdaq rose 1.9%. Apple (AAPL.O) rose 7.7% as the company announced a $110 billion stock repurchase plan; Amgen (AMGN.O) rose 12% as its mid-term trial data for weight loss drugs showed positive signs, while rivals Novo Nordisk (NVO.N) fell 0.96% and Eli Lilly (LLY.N) fell 1.7%.
21:30:02
Canada’s S&P Global Composite PMI for April was 49.3, compared with 47 in the previous month.
21:05:24
Acting U.S. Labor Secretary Julie Su: The employment report still shows that the economy is very strong.
21:04:41
The Chilean peso rose more than 1.5% against the dollar.
21:04:25
Bitcoin hit $61,000 per coin, up 3.91% on the day.
20:52:55
Dan Suzuki, deputy chief investment officer at Richard Bernstein Advisors: This was a fairly market-friendly jobs report. It broadly suggests that job growth is slowing modestly but not collapsing, which is helping to keep wage pressures down. At the same time, employment and hours worked in manufacturing were solid, suggesting that part of the economy continues to receive solid support.
20:50:50
ICE New York cocoa futures rose more than 3% to $7,824 a tonne.