12 Hrs
Source:
الاقتصادية
Nasdaq 100 futures rise 240 points
Market expectations have changed sharply following the release of the US September employment report, which showed only 29,000 new jobs—far below the anticipated 90,000. The unemployment rate rose to 4.2%, and annual wage growth slowed to 3.0%. This situation has decreased the likelihood of the Federal Reserve raising interest rates in October to less than 15%, while the chances of a rate hike in December remain above 70%. This reflects the market’s assessment of the need to adjust monetary policy to combat inflation.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)