Mmastodon BusinessMarkets first seen 12 h ago, last 1 h ago, peak #3
Nasdaq Leads Stocks Higher as US Hiring Softens
Original: Nasdaq Leads Stocks Higher as Hiring Softens https://www.wsj.com/finance/investing/nasdaq-leads-stocks-higher-as-hiring-
Stocks rose, with the Nasdaq leading gains, after a US jobs report showed hiring slowed more than expected. Investors interpreted the softer labor market as increasing the likelihood that the Federal Reserve will ease interest rates, lifting risk appetite across technology shares and major indexes.
Why now: Weak hiring data is fueling expectations of Fed rate cuts, moving equity markets.
NasdaqFederal ReserveWall StreetUS labor market
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