Economy Surges, Stocks Rally: FTAI Infrastructure Jumps 6%

The U.S. economy demonstrated resilience with a surprising jobs report, showing a 119,000 increase in nonfarm payrolls, higher than the anticipated 50,000. Despite a slight uptick in unemployment and slower wage growth, investors reacted positively, reconsidering the Federal Reserves interest rate decision. The stock market rallied, with companies like FTAI Infrastructure, WillScot Mobile Mini, Dycom, and Rivian seeing significant stock price increases. FTAI Infrastructures six percent jump, while notable, suggests the market views this news as important but not a fundamental shift in the companys long-term outlook.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.