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Stocks Rally as Soft Jobs Data Eases Rate-Hike Fears
U.S. equities rallied on October 2, 2026, as softer-than-expected jobs data eased fears of further Federal Reserve rate hikes, with Nvidia powering the Nasdaq to an intraday record.
Dow, Nasdaq Rise on Soft Jobs; Yields Reverse
Stocks rose on a soft jobs report, with the Dow opening higher and the Nasdaq hitting a new record led by Nvidia, though Treasury yields fell initially then reversed higher during the session.
US Adds Just 29,000 Jobs in September as Unemployment Rises
The US added just 29,000 jobs in September, down from a revised 133,000 in August, as unemployment ticked up to 4.2% — delivering a sharp counter-narrative to President Trump's economic messaging one
Treasury, IRS Crack Down on Wealthy ETF Tax Dodge
The Treasury and IRS have issued new guidance cracking down on Section 351 exchanges — a strategy in which wealthy investors create new ETFs to defer capital gains taxes — with Bessent declaring that
Bitcoin Surges to $86K as Weak Jobs Cement Fed Hold Bets
Bitcoin climbed 3% to $86,757 on Friday as softer-than-expected August PCE and a shockingly weak September jobs report pushed Fed hold odds above 74%, reviving the 'Uptober' trade.
Micron Sees RAM Shortage Through 2028, Defying Mag 7 Investors
Micron's stock wobbled on chip cycle and margin concerns even as the company delivered a bullish forecast, with memory industry executives expecting a RAM shortage to persist through 2028.
September Jobs Report Set for Friday Release
The September US jobs report is set for release Friday, with outlets split between a "holding steady" preview from Yahoo Finance and CNN-cited data showing the prior month added just 29,000 jobs with
U.S. nonfarm payrolls increase by 29,000 in September, less than expected; unemployment rises to 4.2% - CNBC
U.S. job growth slowed sharply in September with just 29,000 new hires and unemployment rising to 4.2%, falling short of expectations as labor market conditions cool.
BNB Chain Crosses $1B in Tokenized Stocks, ETFs
BNB Chain has crossed $1 billion in tokenized stocks and ETFs and now leads the $3.7 billion market, with 1.8 million addresses on the network — a dramatic shift from January, when Ethereum and Solana
U.S. job growth in September slows more than expected one month before midterms
U.S. employers added just 29,000 jobs in September — far below the 90,000 economists expected — as unemployment ticked up to 4.2% and wage growth slowed to a multi-year low, delivering a final pre-mid
Live updates: Bitcoin trading near $86,000 after big miss on U.S. jobs
Bitcoin rose toward $87,000 after a weak U.S. jobs report fueled expectations of looser monetary policy, with analysts citing reduced pressure on the Fed and a potential dollar unwind as tailwinds for
Nike's grim outlook drags athletic apparel stocks
Nike's weak quarterly results and downbeat outlook sent shares of athletic apparel competitors — Lululemon, On, Under Armour, and Deckers Outdoor — lower, extending a painful stretch for the sneaker g
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
Bitcoin climbed 3.4% above $86,000 as traders rotated out of stablecoins and into tokens ahead of Friday's U.S. jobs report, pushing bitcoin dominance near 60%.
Nike Shares Plunge 10% on Weak Outlook, Layoffs
Nike's stock plunged 10% in premarket trading Friday after the company reported a 4% revenue decline, weak 2027 guidance, and a major cost-cutting program with layoffs beginning in 2027.
Porsche Ends Web3 Project as 911 NFT Volume Craters
Porsche is shutting down its Web3 project and Pioneers Circle community less than four years after launching its 911 NFT collection, as trading volume on the collection has collapsed from roughly $20
Nike Drops 10% on Weak Outlook, Announces Layoffs
Nike trimmed its revenue outlook after a bleak Q1, announced layoffs and a new cost-cutting efficiency program, sending shares down roughly 10%.
Treasury yields inch higher as investors await key jobs report
U.S. Treasury yields edged higher Friday as investors awaited the September nonfarm payrolls report, with the 30-year hitting a 24-year high and the 10-year near multiyear peaks amid a global bond sel
Broadcom Starts Amassing $60 Billion to Fund Chips for Anthropic - Bloomberg.com
Broadcom is assembling up to $60 billion to manufacture AI chips for Anthropic, with Yahoo Finance reporting a $42 billion lend-and-lease component it characterizes as a circular investing deal.
Broadcom Gains Focus as AI Bet Amid Analyst Support
Analyst enthusiasm and strategic positioning around AI are driving renewed investor focus on Broadcom, with UBS maintaining a Buy rating and some investors citing the stock as a potential long-term wi
It's the Start of Uptober. Will Bitcoin Live Up to It?
Bitcoin enters "Uptober" at $83,823 riding a strong technical uptrend but facing stiff macro headwinds from 52-week-high Treasury yields and a Fed signaling further rate hikes, with prediction markets
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