Nasdaq Hits Record on Nvidia as Soft Jobs Ease Yields — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Nasdaq hit a record high led by Nvidia after a soft jobs report calmed a previously rattled bond market, per CNBC and AP headlines
- US stocks broadly rose near records, with the Dow opening higher and Treasury yields falling as hiring softened, per WSJ and AP headlines
Why it matters: The cross-coverage consensus is that a weaker-than-expected payrolls print gave the bond market enough relief to let equities, particularly tech-heavy names led by Nvidia, push to new highs — a win for risk assets but one that also restarts the debate over whether softening hiring signals economic slowdown ahead.
Ask SkimNews
