Wall Street rallied on the U.S. Non Farm Payrolls report which showed that 243K jobs were created in the month of January. The unemployment rate dropped to lowest level in 3 years at 8.3%. The data beat analyst expectations and boosted U.S. Dollar bulls and stock markets. The December data was also revised up to 203k from the initial 200k reported. The economy also added jobs in almost every sector such as professional services, retail, health care, restaurants further highlighting that the recovery is not specific to one sector. President Obama’s administration cheered the news as positive job growth increases Obama’s chances of winning the Presidential elections. Read more