Stock Market Update

08-May-26 08:35 ET
April Employment Situation Report
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +46.00. Nasdaq futures vs fair value: +263.00.

The S&P 500 futures currently trade 46 points above fair value.

Just released, April nonfarm payrolls increased by 115,000 (Briefing.com consensus 67,000) from the revised March level of 185,000 (from 178,000).

April private sector payrolls increased by 123,000 (Briefing.com consensus 60,000) from the revised March level of 190,000 (from 186,000).

The April unemployment rate was 4.3% (Briefing.com consensus 4.3%) unchanged from March.

April average hourly earnings were up 0.2% (Briefing.com consensus 0.3%) versus a 0.2% increase in March.

The average workweek in April was 34.3 hours (Briefing.com consensus 34.2) versus 34.2 hours in March.

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