Forbes Media Chairman Steve Forbes, former investment banker Carol Roth and Barron’s senior editor Jack Hough discuss the jobs report and President Trump’s tariff plan.
U.S. stocks opened higher on Monday, extending Friday’s rally on job gains reported by the Labor Department. The Nasdaq hit an all-time high in early trading Monday, setting a record for a second straight session. The Nasdaq is outperforming the other major averages by a wide margin this year, driven higher by big advances in the major tech titans including Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL) and Microsoft (NASDAQ: MSFT).
On Friday, the nine-year anniversary of the bull market was boosted by a employment report showing a much larger than expected 313,000 jobs were added to payrolls in February. Economists were expecting 200,000 jobs. The unemployment rate stayed at 4.1%, a 17-year low.
“Buoyed by Friday’s…