Jobs News Stock Rally, Rate Cut Forecasts Face Test From Powell Testimony And Jobs Report

ADP Jobs Report Tops Forecasts, Muddling Fed Outlook; S&P 500 Steady

ADP's estimate of net private-sector job growth for October showed a return to modest job growth. The report has outsized significance as the government shutdown cancels another Bureau of Labor ... Read More

Bond Traders Brace for Jobs Report as Fed Rate-Cut Bets Crumble

Bond investors are zeroing in on Thursday’s US labor market report, which is expected to either kill or rekindle waning expectations for a Federal Reserve interest-rate cut next month. The September ... Read More

US Treasuries Jump as Weak Jobs Data Fuel Rate-Cut Bets

Treasuries rallied after private measures of US economic data pointed to a stumbling jobs market, spurring traders to boost wagers that the Federal Reserve will cut interest rates next month. Yields ... Read More

Market Rally Pauses After Four Days of Gains

The stock market’s rally took a pause after four straight days of gains as Wall Street reassessed its rosy predictions on interest-rate cuts. The S&P 500 ended the day flat. Dow was down 0.2%, or 74 ... Read More

Trending stocks this week: Wall Street extends rally on Big Tech earnings, trade optimism, Fed rate cut

Wall Street extended its winning streak to three weeks and notched a sixth straight positive month in October, highlighting the market’s strong rebound from April lows. Gains were fueled by big tech ... Read More