For the stock market, jobs report reaction shows bad news is good news now
December 07, 2018 at 10:21 AM EST
The government's nonfarm payrolls report showed growth of 155,000, falling below Dow Jones estimates of 198,000. Though that's still a pretty healthy level of gains this late into an economic expansion, it could be enough to make the Federal Reserve hesitate about its plans to keep raising interest rates.