U.S. stocks rise in uncertain trading after strong job data

Posted on AllSides January 4th, 2023
From The Left

Stocks are broadly higher on Wall Street in afternoon trading Wednesday after another strong signal on the job market. The government reported that the number of job openings in November was higher than expected. While that could maintain pressure on the Federal Reserve to keep interest rates high to fight inflation, the resilience in the labor market also bolsters hopes on Wall Street that the economy can avoid sliding into a protracted recession. The S&P 500 rose 1.1% as of 1:43 p.m. Eastern after a choppy bout of earlier trading....

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Arkansas Democrat-Gazette

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