Nasdaq hits record as weak US jobs data cools rate-hike bets
- Nasdaq Composite hit a record high after disappointing US jobs data
- Lower Treasury yields and oil prices accompanied the rise; Nike shares fell on its forecast
Event typeMarket move
Clear ×What’s driving the global bond sell-off?
- The most-cited factors behind the global bond sell-off present a mixed picture
- Global bond yields can affect Indian borrowing costs and rate-sensitive stocks
Nasdaq Leads Stocks Higher as Hiring Softens
- 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
Rising bond yields, US midterms and earnings challenge stocks’ usual fourth-quarter strength
- US stocks typically perform well in the fourth quarter
- Rising bond yields, midterms and earnings pose challenges
US yields rise, reversing initial reaction to weak jobs report
- US yields rose, reversing their initial reaction to the weak jobs report
Traders now see little chance of a Fed rate hike in October after weak jobs report
- Odds of an October Fed rate hike tumbled after a report showed a soft labor market
- More traders lowered the chance of a rate increase this month
5 world market themes for the week ahead
- Global markets are grappling with soaring borrowing costs
- France faces political volatility over budget decisions
U.S. Stocks Rise as Jobs Report Tempers Rate Outlook
- U.S. stocks rose after slowing jobs growth tempered expectations of another Fed rate hike this month