Robust jobs report lifts investor sentiment

Steve Sosnick, Interactive Brokers’ chief strategist, discusses the market rally on Monday and the near-term outlook for the stock prices.

Last Friday, robust jobs numbers blew through expectations and lifted the spirits for stock investors.

“Employment has recovered faster than expected,” said Sosnick. Vaccination rates are rising and bond market jitters have calmed.

This video first appeared on April 5 at Traders’ Insight.

Photo Credit: 401(k) 2012 via Flickr Creative Commons