The brief
- Nasdaq led stocks higher as hiring softened
- Bond yields turned higher and oil fell as the G-7 agreed to release diesel and crude
- Lower crude prices can ease costs for Indian oil-marketers, airlines and other fuel-intensive sectors
- 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%