Dow, Nasdaq Rise on Soft Jobs; Yields Reverse — SkimNews
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- Nasdaq hit a new record led by Nvidia after soft jobs data, per CNBC's live updates
- Dow and S&P 500 rose while Treasury yields initially fell on the soft hiring report, though yields later reversed higher in the session, per WSJ and a third market headline
Why it matters: Soft jobs data eases rate-hike fears, which lifts rate-sensitive tech like Nvidia — but the Treasury yield reversal flagged in one of the three headlines shows the bond-market reaction wasn't one-way, complicating the clean 'soft data = rally' narrative.
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