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
NSE close · Thu, 1 OctNifty 5022,421.95▼ 0.88%Nifty Bank54,450.75▼ 0.33%Midcap 10058,732.00▼ 1.01%Smallcap 25017,589.05▼ 1.18%India VIX14.46▲ 7.19%IT28,304.70▲ 2.17%Auto25,384.95▼ 3.46%Pharma26,311.55▼ 0.48%FMCG43,789.85▼ 1.61%Metal12,460.70▼ 2.35%Realty835.00▼ 1.46%Energy36,388.15▼ 0.68%PSU Bank7,937.80▼ 0.98%Financials24,556.10▼ 0.38%Media1,546.30▼ 2.33%Defence9,142.55▼ 1.45%Durables35,927.80▼ 1.91%Biggest movesMONEYVIEW▲ 58.5%MOLBIO▲ 15.6%THOMASCOTT▲ 12.3%AUGMONT▲ 10.0%HEROMOTORS▲ 10.0%VIVIANA▲ 10.0%LOKESHMACH▲ 9.5%ANAWIL▼ 11.0%
Topic
US Treasuries▲ +33% net tone today
- The US 10-year Treasury yield surged to a 24-year high, rattling Indian markets
- Indian government bonds fell as US Treasury yields rose and supply increased ahead of the RBI meeting
- The 30-year US Treasury yield climbed to 5.683%, a 24-year high
Stories per day
1127 Sept
3828 Sept
6129 Sept
3430 Sept
511 Oct
322 Oct
43 Oct
US yields rise, reversing initial reaction to weak jobs report
- US yields rose, reversing their initial reaction to the weak jobs report
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Nifty earnings lag GDP growth and weighing on equities, shows data
- Nifty and Sensex ended September lower despite GDP growth of 7.8 per cent
- Rising US Treasury yields and lagging earnings weighed on equities
- Weak earnings pressure Indian equities, while rising US yields can weigh on rate-sensitive stocks
Treasuries are losing their moneyness
- The report argues US Treasuries may be losing their long-standing role as both securities and money
Why bond investors quickly lost their enthusiasm for weak labor figures
- Weak U.S. jobs data briefly revived demand for Treasuries as a safe haven