Why Main Street’s Big Job Gains Could Really Rattle Wall Street

What's worse, a December rate hike would worsen the dynamics that have weighed on corporate earnings growth, further worsening Wall Street's outlook. October payrolls added 271,000 workers (vs. the 190,000 expected and the 137,000 reported for September) while the unemployment rate fell a tick to 5.0 percent. Thus, Wall Street's mixed performance on Friday.