March 6th, 2026 4:11 PM by T. Fanning
Hello, hope you have a great weekend!
The U.S. labor market disappointed again in February, bringing back discussion about potential Federal Reserve rate cuts. Nonfarm payrolls dropped by 92,000, marking the third decline in the past five months, while the unemployment rate rose to 4.4%, showing the job market is clearly cooling. Mortgage rates moved slightly higher this week as markets reacted to rising oil prices and global tensions that renewed concerns about inflation.
Next week has several important economic reports coming out, but the biggest ones won’t be released until Wednesday and Friday morning. There are also a few moderately important reports earlier in the week, plus two auctions of long-term U.S. Treasury debt in the middle of the week that could affect interest rates during afternoon trading. Monday is very quiet with no major reports scheduled, so market movement early in the week will likely depend on weekend news—especially any headlines related to Iran.
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