Mmastodon BusinessMarkets first seen 1 d ago, last 5 h 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 rose, with the Nasdaq leading gains, after a report showed hiring slowed. Investors interpreted the weaker labor market as a sign the Federal Reserve may ease interest-rate policy sooner, boosting risk assets and technology shares in particular.
Why now: A soft jobs report shifts expectations for Federal Reserve rate cuts, moving markets.
NasdaqWall StreetFederal Reserve
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