Key Market Events to Watch: Jobs Report and Consumer Sentiment Update

Reported about 9 hours ago

On February 7, 2025, market watchers should pay attention to the Bureau of Labor Statistics' release of the January jobs report, expected to show a decline in nonfarm payrolls to 175,000, while unemployment remains steady at 4.1%. Additionally, revisions of the previous 12 months' data will be included. Consumer sentiment is projected to increase to 71.8 from 71.1. Federal Reserve governor Michelle Bowman will also provide insights on the economic climate.

Source: YAHOO

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