Mar. 5 at 1:22 PM
$FNGU Expectations for the February jobs report (due Friday) are optimistic, with projections of a stable unemployment rate around 4.3%, contained layoffs, and modest payroll growth of 65,000. This supports a "soft landing" narrative, boosting tech and growth stocks. Low jobless claims (220,000 four-week average) and consumer confidence improvements further fuel risk-on sentiment in the sector.