Institutions | Non-agricultural farmers are not weak enough to need to cut interest rates; when to cut interest rates still depends on inflation

The US added 175,000 new non-farm payrolls in April, falling short of market expectations. The unemployment rate rose slightly, and the hourly wage growth rate slowed.

Zhitong Finance17:14

Bank of America: Weak employment reports are a sign of stagflation, increasing the risk of a sell-off in US stocks

Bank of America strategist Michael Hartnett said that the weak non-farm payrolls report would be a sign of stagflation, increasing the possibility of a sell-off in the stock market.

Zhitong Finance12:45

The Federal Reserve's hawk pigeon “shared”, Bowman: High inflation will continue for some time, Goulsby: We need more employment reports like Friday

Federal Reserve Governor Bowman said that as the Federal Reserve maintains high interest rates, inflation will eventually fall, but he is willing to raise interest rates if future data shows that the progress of the decline in inflation has stagnated or been reversed. Chicago Federal Reserve Chairman Goulsby said that he is waiting for more data to determine whether inflation will fall to the target. The non-farm payrolls report is steady this Friday. The more such reports there are, the more assured he is that the economy is not overheating and that inflation has not rebounded.

wallstreetcn11:03

Top 20 Turnover | Apple surged 6% after announcing a $110 billion share repurchase plan

On Friday, Nvidia, No. 1 in terms of US stock turnover, closed 3.46% higher, with a transaction of US$35.189 billion; No. 2 Apple closed 5.98% higher, with a transaction of US$30.13 billion; and Tesla, number 3, closed 0.66% higher, with a transaction of US$13.683 billion.

環球市場播報09:38

US stocks closed | NASDAQ rose about 2%, Apple surged 6% after the results, and Nvidia rose more than 3%

The three major US stock indexes closed up at least 1%; Amgen led the S&P and Dow, the diet drug duo Lilai once fell more than 3%, and Novo Nord Europe shares once fell more than 5%; the chip stock index closed up more than 2% and still fell throughout the week. Qualcomm's sharp rise fell back the next day, and AMD earnings fell more than 4% in the week

wallstreetcn09:23

Oil Adds to Week's Sharp Loss as Rollover of OPEC Output Cuts May Meet Resistance

Seeking Alpha07:45