Wow, Nordstrom’s shares skyrocketed 24%


Yo , looks like the US economy just shattered expectations with a record-breaking 517k new jobs added in January. But don't get too excited, the unemployment rate plummeted to its lowest since '69, putting pressure on the Fed to keep raising those rates. Tech bigwigs like Apple, Amazon, and Alphabet underperformed, causing their stocks to dip, but Nordstrom's shares skyrocketed 24% with Ryan Cohen at the wheel. Despite the market's upward trend, some experts are still skeptical of the Fed's ability to hit the brakes on interest rates this year~


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