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via finance.yahoo.comEconomy

Yields spike on strong jobs report; market eyes Fed rate hike

FROM THE WIRE · FINANCE.YAHOO.COM

The October jobs report came in strong fueling a surge in a Treasury yields. Continue Reading

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA strong jobs print lifts yields and revives expectations of a Fed rate hike, weighing on equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The October jobs report came in strong.
  2. 02Treasury yields surged.
  3. 03The market is pricing in a possible Fed rate rise.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
S&P 500INDEX:SP500Index7,411.23-0.19%today +0.78%Negative NASDAQ 100INDEX:NDXIndex27,065.76-0.59%today +1.64%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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