The June jobs report revealed a surprising increase of 147,000 nonfarm payroll jobs, defying expectations. Analysts suggest that while the headline looks strong, underlying data indicates a slow down in private sector hiring, masked by seasonal government job increases.
U.S. stocks soared Thursday as the S&P 500 and Nasdaq reached record highs following a positive jobs report. With nonfarm payrolls exceeding expectations, optimism about the economy strengthens despite trade uncertainties.
