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ERROR: type should be string, got "https://www.barrons.com/articles/good-enough-stocks-pop-as-payrolls-suggest-imminent-rate-hike-1449237355\nNo Such Thing as a Dovish Hike: Stocks Up as Payrolls Suggest December Move\nBen Levisohn\nUpdated Dec. 4, 2015 9:44 am ET / Original Dec. 4, 2015 8:55 am ET\nStocks have ticked higher this morning after the U.S. economy added enough jobs to make a December rate hike more likely.\ngary cameron/Reuters\nThe S&P 500 has gained up 0.2% at 9:42 a.m. today, while the Dow Jones Industrial Average has advanced 0.3%. The Nasdaq Composite is up 0.1%.\nThe U.S. added 211,000 jobs in November, topping forecasts for 200,000. The unemployment rate remained at 5%, while wages rose 2.3% from a year ago.\nCRT Capital's David Ader considers the impact on the Fed's thinking:\nCutting to the chase of the matter this report was a bit better than expected in terms of gains and upward revisions with only three elements of moderation -- the rise in U6, YoY wages moderating, and flat hours. Don't make much of those as they're erratic and a gain in U6 from part timers could be a positive sign of some returning to jobs; participation rose.\nSo this is more than good enough to keep a hike fully on the agenda and, on its own merits, is on the firm side.\nEvercore ISI's Dennis DeBusschere calls it a \"strong report.\" He explains why:\nThe payroll report was inline across the board, but with the revision higher to the previous month, it was a strong report. This should kick up rate hike expectations and put upward pressure on UST yields and the USD given the comment from Yellen yesterday that 200K job growth is above what's required to absorb labor market slack. This should also put pressure on EM though, which is a worry on the credit side, as the pace of rate hikes increase and downward pressure on the CNY mounts. The tick higher the participation rate might alleviate worries about a much tighter labor markets short term and be a governor on yields, but participation is not expected to move higher and is still stuck near the low.\nDeutsche Bank's Alan Ruskin contends there's no such thing as a dovish rate hike:\nThe latest payroll number affirms a view that we are seeing extraordinary decoupling between a weak manufacturing sector and very solid service and construction sectors. The latter looks like it was slightly inflated by the good weather that may also have helped retail, but in general the 3m NFP average at 218K is probably a decent enough gauge of the underlying picture, and is suggestive of very healthy jobs growth. The only other areas of disappointment are aggregate hours worked at a soft -0.1% m/m thanks to a small dip in hours worked that is oscillating mth to mth between 34.5 and 34.6hrs. In addition, the drift up in the U6 to 9.9% is disappointing albeit the downtrend is likely to remain intact. Otherwise the household survey looks solid. Even with the above small caveats, the report seals a Dec rate hike. More important for markets it means that the pre-release odds of a March rate hike at 50-50 are too low. Immediately after the release the March odds have increased to around 60%, and even that looks low. The data then does not fit completely with a so-called dovish Dec hike, and is a little too strong to be considered global risk appetite friendly.\nPerhaps that explains why after an initial pop in the futures market--S&P 500 futures had jumped 0.5%, while Dow Jones Industrial Average futures had climbed 0.5%, and Nasdaq Composite futures had gained 0.3%--the market is looking less sure of itself.\nStocks have ticked higher this morning after the U."