How much impact will tonight's non-farm payroll have on the US stock market? Morgan Stanley presents 5 scenarios
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JPMorgan Chase analyzed the impact of the upcoming U.S. January non-farm payroll data on the stock market, believing that the data needs to be moderate to support a rise in the stock market. If new jobs are below 150,000, the stock market will decline; if they exceed 230,000, it may increase pressure on interest rate hike expectations. The expected new jobs are 150,000, below market expectations. The S&P 500 index has risen 3.4% this year, but still lags behind global indices. The JPMorgan Chase team recommends buying on dips and is optimistic about the U.S. stock market in the long term
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