Wall Street warns: To avoid a sharp decline in U.S. stocks, tonight's non-farm payrolls need to be "just right"

Wallstreetcn
2025.01.10 12:55
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Wall Street warns that the U.S. non-farm payroll report for December, to be released tonight, will have a significant impact on the U.S. stock market. Analysts point out that if the new job creation data deviates from expectations, it could lead to a sharp decline in the stock market. The market consensus is for an increase of 165,000 jobs, with Goldman Sachs and JPMorgan Chase respectively warning that if the data exceeds 200,000 or 220,000, the S&P 500 index could drop by 0.5% to 1%. If the new jobs created are less than 100,000, the stock market could also face a similar decline. Recently, U.S. stocks have experienced increased volatility, especially with the sell-off of large technology stocks