From Nasdaq:

The December jobs report led to varied reactions from financial analysts, economists. Non-farm payrolls (NFPs) grew by 216,000, wages increased more than expected, and unemployment held at 3.7%. This raised questions about the economy.

Analysis of the jobs report by several experts was made. There was a concern about potential slowdown in job growth. However, some remained optimistic about the current labor market. Job market has shown resilience, and it was believed that the economy and stock prices would remain strong.

The robust jobs report could delay the Federal Reserve’s rate cuts and resulted in higher Treasury yields in the U.S. Bond-related ETFs took a hit due to the surge in yields. The market was expected to remain range-bound due to profit-taking after recent rallies.

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Read more: December Jobs Report: Do Economists See Cooling Signals Or Steady Growth?