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Market move● Neutral for Indian equities
US yields rise, reversing initial reaction to weak jobs report
The brief
- US yields rose, reversing their initial reaction to the weak jobs report
- Nasdaq hits record as weak US jobs data cools rate-hike bets
- ‘Workers growing increasingly anxious’: US adds 29k jobs, far below 90k expected
- US Stock Market Today: Nasdaq Jumps 1%, Dow Up 300 Points As Yields Retreat After Weak Jobs Data
- Bets on an October Fed rate hike fall as US job market cools
- Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%