Market Steadies After Ebbing Jobs Concerns

U.S. Labor Market and Stock Volatility
Recent developments show that the earlier panic over U.S. employment data might have been exaggerated. Stocks have nearly recovered from last week's losses, as volatility indicators have returned to more typical levels. This recovery included a significant 2.3% increase on Thursday, the best single day in over 18 months, reducing the week's loss to a modest 0.5%.