Wall Street Breakfast Jobs report is make or break for Fed move
Dec 1, 2024
The November jobs report shows a predicted increase of 200K nonfarm payrolls, which could sway Federal Reserve decisions. Salesforce tops the list of company earnings with intriguing insights. Meanwhile, Trump stirs tensions by threatening BRIC countries over the U.S. dollar. Canada also responds decisively to a hacker linked to Snowflake, labeling them a public risk. The intersection of labor market resilience and global economic news highlights the unpredictable landscape ahead.
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Jobs Report Impact
- This week's November jobs report is crucial for the Federal Reserve's next move.
- Weak payroll figures could reverse market expectations of a December rate cut.
Salesforce Earnings
- Salesforce will lead the smaller earnings parade on Tuesday.
- Analysts will be looking for updates on the performance of new offerings like Agent Force and Agent Builder.
Snowflake Hacker
- Canadian officials allege the Snowflake hacker remains a public danger.
- Conor Reilly Mooka faces extradition to the U.S. for alleged data theft and extortion.