May 11, 2026

In the United States, employment data surprised positively on Friday, with unemployment at 4.3%

International

Last Friday, the official US employment data was released by the Bureau of Labor Statistics (BLS). The figures for April showed that unemployment was 4.3%, in line with expectations, although job creation surprised on the upside. 115,000 jobs were created during the period, exceeding the 65,000 expected by analysts, and the figure for the previous month was also revised slightly upward. Also on Friday, the preliminary May Consumer Confidence Index from the University of Michigan was released, coming in at 48.2 points, below the expected 49.5 points.

Major stock indexes closed higher on the last trading day of the week. The S&P 500 rose 0.8%, while the Nasdaq gained 1.7%, and the Dow Jones remained unchanged. Year-to-date, the indexes have accumulated gains of 8.1%, 12.9%, and 3.2%, respectively.

Meanwhile, U.S. Treasury yields eased slightly on Friday. The 1-year Treasury note closed at 3.73%, slightly below the previous 3.74%, while the 3-year Treasury note closed at 3.91%, down from Thursday's 3.94%. The 10-year Treasury note ended the week at 4.36%, also below the previous 4.39%.

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