Bets on an October Fed rate hike fall as US job market cools
- The US added 29,000 jobs last month, below economists’ forecast of 90,000
- The unemployment rate rose to 4.2%
Topic
US economy▲ +17% net tone today
- US employers added 29,000 jobs in September, below expectations of 84,000–90,000
- The unemployment rate rose to 4.2% as September hiring fell sharply
- Wall Street futures extended gains after the nonfarm payrolls data
Stories per day
727 Sept
828 Sept
929 Sept
1130 Sept
131 Oct
142 Oct
53 Oct
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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
