On May 3rd, the non-farm payroll report released on May 3rd showed that the new employment 177,000 in April, lower than the previous month but higher than expected, indicating that employment slowed but not as weak as the market worries; the unemployment rate remained stable at 4.2%, still at a high level. Average hourly earnings rose by 0.2% a month and 3.8% a year, wage growth slowed down, and inflationary pressures were moderate. FedWatch showed that the probability of interest rate cuts fell...