According to online reports, Andrew Taylor, head of trading at JPMorgan Chase, said that U.S. non-farm payrolls data needs to be maintained within a reasonable range to support the stock market's continued rise. Specifically, if the number of new jobs is less than 150,000 or more than 230,000, it will put pressure on the stock market. If the employment data falls as low as 110,000, it could cause the S & P 500 to fall by 1.5%, which would reflect that global trade concerns are accelerating their impact on the U.S. economy. Excessive employment data may increase market expectations for the Federal Reserve to raise interest rates further.