Список проголосовавших за комментарий " <table class="BriefingDataTable" border="0" cellspacing="0" cellpadding="0"><tr> <td class="tickerColumn"> </td> <td class="articleColumn">Midday Market Summary: Averages Hold Early Gains at Midday<p>The market has forged solid gains in the first half of Friday's session on the foundation of appeasing economic data and strong sector leadership. The S&P 500 holds a 0.7% gain at midday.</p><p>The Employment Situation Report, which was released at 8:30 am ET this morning, came in just right; strong enough to keep participants thinking good things about the economy, but not strong enough to convince the market that the Fed is now going to be in a hurry to raise the fed funds rate. The 227,000 additions to nonfarm paryrolls (Briefing.com consensus 170,000) and the slight 0.1% uptick in average hourly earnings (Briefing.com consensus +0.3%) were the two main metrics driving the optimistic sentiment.</p><p>U.S. Treasuries ticked up immediately following report's release and still hold those gains this afternoon. The benchmark 10-yr yield is three basis points lower at 2.45%.</p><p>The financial sector (+1.9%) continues to provide solid sector leadership. The space's advance has stemmed from reports suggesting that President Trump will be acting on plans to reduce regulatory burdens on the financial sector today. Specifically, the movement will be aimed at scaling back the Dodd-Frank Act and reversing the Fiduciary Rule. This combination should improve the earnings prospects of the influential sector.</p><p>Conversely, the consumer discretionary sector sits at the bottom of today's leaderboard in the wake of a tough stretch of reports. The first blow came yesterday evening after <strong>Amazon</strong> (AMZN 814.46, -25.56), the sector's biggest component by market cap, reported worse than expected revenues and issued downbeat guidance. Elsewhere in the sector, <strong>Hanesbrands</strong> (HBI 19.30, -3.41), <strong>Chipotle</strong> (CMG 406.28, -17.01), and <strong>AutoNation</strong> (AN 50.77, -0.99) have also seen negative reactions to their latest earnings reports, while <strong>Macy's</strong> (M 32.50, +1.81) has spiked 5.9% on reports that Canada's Hudson's Bay has approached the company about a possible takeover.</p><p>The top-weighted technology sector has performed in line with the broader market thus far. <strong>Visa</strong> (V 86.34, +4.07) represented the sector on the earnings front last night, beating on the top and bottom lines. The company's shares have added 4.9% on the above-consensus results. The tech sector is fighting to end the week above its flat line, as the space currently holds a 0.1% week-to-date loss.</p><p>Today's economic data included January Employment Situation Report, January ISM Services, and December Factory Orders:</p><ul><li>January Employment Situation Report<ul><li>January nonfarm payrolls came in at 227,000 while the Briefing.com consensus expected a reading of 170,000. The prior month's reading was revised to 157,000 from 156,000. Nonfarm private payrolls added 237,000 while the Briefing.com consensus expected an increase of 175,000. The unemployment rate increased to 4.8% (Briefing.com consensus 4.7%).</li><li>Average hourly earnings increased 0.1% (Briefing.com consensus +0.3%), while the previous month's reading was revised to 0.2% (from 0.4%). The average workweek was reported at 34.4 while the Briefing.com consensus expected a reading of 34.3. The previous month's reading was revised to 34.4 (from 34.3).</li><li>The key takeaway is that this is one of those so-called «Goldilocks» reports since it is strong enough to keep participants thinking good things about the economy, but not strong enough to convince the market to think it means the Fed is now going to be in a hurry to raise the fed funds rate. The tempered growth in average hourly earnings, which dialed back year-over-year growth to 2.5% from 2.8% in December, is the focal point as it relates to the market's perspective on the Fed.</li></ul></li><li>The ISM Services Index for January decreased to 56.5 while the Briefing.com consensus expected a downtick to 57.0. The prior month's reading was revised down to 56.6 from 57.2.<ul><li>The key takeaway from the report is that growth in the services sector, which accounts for a much bigger slice of economic activity than the manufacturing sector does, persisted for the 85th straight month.</li></ul></li><li>The Factory Orders Report for December showed an increase of 1.3% while the Briefing.com consensus expected a increase of 1.4%. The November reading was revised up to -2.3% from -2.4%.<ul><li>The key takeaway from the report is that the December increase was led entirely by orders for nondurable goods (+3.1%). Paced by a 2.5% decline in transportation equipment orders, durable goods orders fell 0.5% in December.</li></ul></li></ul></td> </tr></table>"