Mmastodon BusinessMarkets first seen 7 h ago, last 14 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 rose, with the Nasdaq leading gains, after a report showed US hiring slowed. Investors interpreted the softer labor market as a sign that the Federal Reserve may have more room to cut interest rates, boosting risk appetite and technology shares in particular. Markets are watching closely for what cooling employment means for the pace of future monetary easing.
Why now: A weaker jobs report shifted expectations for Federal Reserve rate cuts, moving markets.
NasdaqWall StreetFederal Reserve
Rank over time, top of the chart is #1. 11 snapshots from 5 h ago to 14 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