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 jobs data▲ +28% net tone today
- U.S. stocks rose as slowing jobs growth tempered expectations of another Fed rate hike this month
- U.S. yields rose, reversing their initial reaction to the weak jobs report
- The U.S. economy added 29,000 jobs in September as hiring slowed sharply
Stories per day
527 Sept
728 Sept
529 Sept
430 Sept
41 Oct
332 Oct
43 Oct
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
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%
Data▲
The Underwhelming Jobs Data That Sparked a Stock Rally
- September jobs data eased fears of further rate increases, sending the Nasdaq to an intraday high
US Stock Market Today: Nasdaq Jumps 1%, Dow Up 300 Points As Yields Retreat After Weak Jobs Data
- Nasdaq Composite advanced 1.24%
- S&P 500 surged 0.82%, while the Dow Jones Industrial Average rose 0.61%
Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%
- US nonfarm payrolls rose by 29,000 in September, versus 84,000 expected
- Unemployment rose to 4.2%, from 4.1% expected
- A softer US jobs market may affect Indian IT exporters through client demand and global rate expectations
US yields rise, reversing initial reaction to weak jobs report
- US yields rose, reversing their initial reaction to the weak jobs report
US adds 29,000 jobs in September as unemployment rises to 4.2%
- Hiring fell from a revised 133,000 in August to 29,000 in September
- Unemployment rose to 4.2% from 4.1% in August
- US demand signals matter to Indian IT services companies reliant on American clients
‘Workers growing increasingly anxious’: US adds 29k jobs, far below 90k expected
- US employers added 29,000 jobs in September, far below economists’ 90,000 expectation
- The unemployment rate rose to 4.2%
- Weaker US demand may weigh on Indian IT exporters’ growth prospects
Data●
US economy adds just 29,000 jobs in September as hiring slows sharply
- The US economy added 29,000 jobs in September, as hiring slowed sharply
- US hiring weakness may affect Indian IT firms through client spending and Fed-rate expectations
Data▲
US jobs growth falls sharply to 29,000 in September; rate-hike bets tumble, futures surge
- US employers added 29,000 jobs in September, below expectations of 84,000–90,000
- Rate-hike bets tumbled and futures surged after the weak jobs figure
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
Data●
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
- The US added 29,000 jobs in September and unemployment rose to 4.2%
- Traders priced a 23% chance of a second Fed rate hike at its policy meeting later this month
- US rate expectations influence foreign flows into Indian equities and funding conditions for Indian companies
Gold slips before US payrolls data, set for second weekly loss
- Gold prices are poised for a second consecutive weekly decline amid a stronger US dollar and rising Treasury yields
- Gold weakness can reduce collateral values for Indian gold-loan lenders
CNBC Daily Open: Bond yield whiplash grips global economy
- Bond-market moves kept investors on both sides of the Atlantic on edge ahead of a jobs report
- Global bond volatility can influence Indian bond yields and rate-sensitive stocks
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
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
●
Jim Cramer's top 10 things to watch in the stock market Friday
- The September jobs report was described as what stock market bulls needed
Live updates: Bitcoin, gold and tech futures edge higher as markets await U.S. jobs report
- Bitcoin trades above $86,000 as gold and tech futures rise
- Investors expect 90,000 new U.S. jobs and unemployment at 4.1%
Data●
Jobs Report Today: Bond Market Steadies as Investors Await Employment Numbers
- Economists expect the U.S. to have added 84,000 jobs last month
Stocks Edge Higher, Yields Steady Ahead of Jobs Data
- U.S. stock futures and European equities rose ahead of jobs data
- Treasury yields steadied as market sentiment improved
Data●
Treasury yields inch higher as investors await key jobs report
- U.S. Treasury yields inched higher Friday after a week dominated by a global bond selloff
- Investors awaited a key U.S. jobs report
Bitcoin tops $86,000 ahead of U.S. jobs report
- Bitcoin topped $86,000 ahead of September’s U.S. jobs report
- Bitcoin was up roughly 3% in October as traders awaited the data
