Mmastodon BusinessMarkets first seen 21 h ago, last 58 min ago, peak #3
Nasdaq Leads Stocks Higher as Hiring Softens
Original: Nasdaq Leads Stocks Higher as Hiring Softens https://www.wsj.com/finance/investing/nasdaq-leads-stocks-higher-as-hiring-
US stocks rallied, with the Nasdaq leading gains, following a report showing a slowdown in hiring. Softer jobs data boosted investors' hopes that the Federal Reserve may ease interest-rate policy sooner, lifting technology shares in particular. Traders are treating the weaker labor market as a positive signal for monetary policy.
Why now: Soft employment figures revived expectations of rate cuts, driving a market rally.
NasdaqWall StreetFederal Reserve
Rank over time, top of the chart is #1. 25 snapshots from 21 h ago to 58 min ago.
Evidence
- Nasdaq Leads Stocks Higher as Hiring Softens https://www.wsj.com/finance/investing/nasdaq-leads-stocks-higher-as-hiring-softens-9a254192?mod=rss_markets_main # Markets # Finance # Economy · wsj_markets@robot.villas · 4
API: https://socialmediatrends-api.osmike.com/v1/trends/806165