Markets turned to non-farm payrolls data released later today to find more evidence of the extent of the September rate cut.

The U.S. Labor Department reported Thursday that initial jobless claims decreased from 243,000 in the previous week to 238,000.

Faced with this eye-popping initial request, markets are once again predicting that the Fed's rate hike cycle is over。

U.S. stocks closed last night, with the S & P 500 up 0.62% to 4293.93 points, up more than 20% from last October's low, stepping into a technical bull market in one fell swoop。

On the evening of April 6, Beijing time, the United States announced the number of initial jobless claims for the week ending April 1.。Data shows that the number of first-time claims for unemployment benefits in the United States last week was 22.80,000, the highest since the week of December 3, 2022。