BREAKING:

BOOOOOM. 303K new jobs created. Unemployment rate falls to 3.8%. Prior months revised higher by 22K.

Economists were expecting 214K jobs and a 3.8% unemployment rate.

bloomberg.com/news/live-blog…

2-year yields move higher

Labor Force Participation Rate jumps from 62.5% to 62.7%

Full report from the BLS bls.gov/news.release/e…

'The change in total nonfarm payroll employment for January was revised up by 27,000, from
+229,000 to +256,000, and the change for February was revised down by 5,000, from +275,000 to
+270,000.'

*FED SWAPS SHIFT FULL PRICING OF RATE CUT TO SEPTEMBER FROM JULY

Stock futures still pointing to a green open after a brief kneejerk dip

'Construction added 39,000 jobs in March, about double the average monthly gain of 19,000 over the prior 12 months...Employment in leisure and hospitality trended up in March (+49,000)' bloomberg.com/news/live-blog…

And now futures are at their highs of the morning.

Good news is good news!