Press Enter to search · ESC to close

Macro US Stocks

US August Jobs Beat; Fed Rate Hike Odds Jump

US stocks ended lower on Friday, snapping a two-day winning streak, as August nonfarm payrolls far exceeded expectations, boosting bets on a September Fed rate hike. CME FedWatch showed the probability of a hike rose to 58% from 49.4% after the data. Semiconductors and optical communications rallied, while oil and copper extended gains.

Original source

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback