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Nonfarm payroll revisions add 93,000 jobs for March and April, Tracy Shuchart notes

Nonfarm payroll revisions add 93,000 jobs for March and April, Tracy Shuchart notes
Nonfarm payrolls revised higher for March, April

Tracy Shuchart, independent trader and strategist, highlights two upward revisions in U.S. nonfarm payroll data for March and April.

According to Shuchart, the March figure was revised up by 29,000, from 185,000 to 214,000, while April saw an increase of 64,000, from 115,000 to 179,000.

Shuchart has previously pointed to sector-specific drivers behind market moves. She stated that AI stocks were the main factor lifting recent S&P 500 records. In energy markets, Shuchart also shared Trafigura’s warning that oil prices face critical risks as supply buffers decline.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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