Data showed US employment increased by the most in eight months in September as hiring rose broadly, pointing to persistent labor market strength, though wage growth is slowing.
Traders put the chance of interest rates remaining unchanged in November and December at around 73% and 58%, respectively, according to CME’s FedWatch tool.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia-Pacific stocks rise after U.S. Treasury yields pull back from 16-year highsAsia-Pacific markets rise after U.S. Treasury yields ease from a 16-year high following the release of much weaker-than-expected jobs data.
Source: CNBC - 🏆 12. / 72 Read more »
Stock Market Today: Stocks steady, Treasury yields nudge higher ahead of jobs reportStocks are braced for Friday's crucial jobs report following a series of mixed employment data and a volatile week for Treasury bond yields.
Source: startelegram - 🏆 248. / 63 Read more »
Why High Interest Rates Hurt Clean Energy Stocks More Than Oil StocksCompanies that build wind and solar projects depend heavily on the debt market while oil companies can fund projects out of operating cash.
Source: MarketWatch - 🏆 3. / 97 Read more »
Treasury Priorities Reshape Business Growth For 2024 And BeyondSAP is the world’s leading provider of business software – enterprise resource planning, business intelligence, and related applications and services that help companies of all sizes and in more than 25 industries run better. By extending the availability of software across on-premise installations, on-demand deployments and mobile devices, SAP enables people at the office or in the field to work more efficiently and use business insight more effectively. We believe that the power of our people, products and our partners creates significant new value and unleashes sustainable growth – for our customers, SAP, and ultimately, entire industries and the economy at large.
Source: ForbesTech - 🏆 318. / 59 Read more »