, Columnist
Surprise, Surprise. Stocks Say the Powell Put Lives
Worse-than-expected ISM surveys have whipsawed the market this week. That gives today’s jobs report an extra edge.
Friday’s jobs report could be interesting.
Photographer: David McNew/Getty Images
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October isn’t off to a good start, at least if you were hoping to make money in the stock market. Three successive trading days brought unpleasant surprises in the data, and sharp falls. That sets up a potentially exciting Friday, when non-farm payrolls provide a reliable excuse for volatility.