U.S. stocks surged to a record, with the Dow Jones Industrial Average climbing more than 400 points, after a weaker-than-expected jobs report pushed investors to scale...
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Tag: labor market
Softer U.S. Jobs Data Eases Pressure on Fed, Steadies Markets
A cooler-than-expected U.S. labor market reading has given the Federal Reserve more room to hold rates steady, while offering stock investors some breathing space after a...
Futures Climb After Soft Jobs Data Tempers Rate Hike Fears
U.S. stock futures moved higher after a weaker-than-expected jobs report reduced concerns that the Federal Reserve will need to raise interest rates further. Softer labor market...
Wall Street Splits After Jobs Data: Dow Surges 400 Points While Nasdaq Lags
U.S. stocks turned in a mixed performance after the release of fresh labor market data, with the Dow Jones Industrial Average climbing roughly 400 points while...