Jobs Friday 3/8/24

Stocks have turned lower this afternoon as markets digest the jobs report. 275,000 jobs were added in February – which was more than expected. Wages ticked up, but less than forecasted. And the unemployment rate jumped to 3.9%. Looking at the weekly market numbers, the S&P 500 is the only of the major averages set to finish the week with a gain. Plus, Bitcoin is on pace to close out a strong week with a new record, crossing $70,000 for the first time ever.