U.S. stocks rise amid falling yields and weak jobs

American stocks surged today following a decline in bond yields, after the release of a weaker-than-expected non-farm payroll report. The U.S. economy added 29,000 jobs in September, compared to an anticipated increase of 84,000, and the unemployment rate rose to 4.2%. This data helped to boost expectations that interest rates will remain unchanged in October, with futures markets indicating an 86% chance of no change. As a result, Dow Jones, S&P 500, and Nasdaq indices rose, while U.S. Treasury bond yields fell. Technology shares also climbed, as investor appetite for risk returned.

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