Jobs Friday, House Speaker Standoff, and Mixed Stock Futures 01/06/23

The monthly employment data is out today, where it’s expected that U.S. job and wage growth was solid in December, though rising interest rates could slow momentum this year. Lightcast’s Rucha Vankudre breaks down the numbers. Plus, the ongoing standoff within the Republican party over Kevin McCarthy’s bid to become House Speaker continues. Raymond James’ Ed Mills gives the latest. And, stock futures are mixed as the Fed signals that they may not be done with their campaign to tame inflation. Palisade Capital Management’s Dan Veru and Rose Advisors as Hightower’s Patrick Fruzzetti explain how to play the markets.