BlockBeats news, on February 7th, JPMorgan Chase said that the US non-farm payroll data to be released tonight at 21:30 must be just right - neither too hot nor too cold - for the US stock market to continue to pump. The trading department led by Andrew Taylor stated that if the new job additions are less than 150,000, the stock market will decline, and if the new job additions exceed 230,000, it will also put pressure on the stock market, as this will increase the bet on the Fed's need to raise interest rates.

The trading department said that in a pessimistic scenario, 'the risk lies in the pace of the job market cooling faster than expected, which will drag down spending.' Its forecast is that a figure as low as 110,000 would cause the S&P 500 to fall by 1.5%, as it indicates that concerns about global trade are impacting the US economy at a faster pace than anticipated. ( Jin10 )