Stories

Why it matters: Trump's tweet may have disrupted the market

Friday's report on the jobs market was positive — the U.S. added 223,000 jobs in May (up from 164,000 jobs added in April) and the unemployment rate dropped to 3.8%.

Yes, but: We knew good news was coming before the report came out because of a tweet from President Trump — and that may have impacted the market. Axios' Steve LeVine points out the tweet (seen below) sent an indicator of good news coming down the pipeline, leading to a surge of market activity before the official report was released.