Coin Bureau|Oct 02, 2026 17:21
🔥TODAY: Markets jumped Friday after a SOFT U.S. jobs report sent Treasury yields lower and boosted hopes the Fed will stay on hold in October.
September’s +29,000 nonfarm payroll gain was the weakest positive jobs print of 2026, showing how sharply U.S. hiring has slowed.
The S&P 500 rose 1%, the Dow gained 385 points and the Nasdaq climbed 1.4%.
September payrolls increased by just 29,000, while unemployment rose to 4.2%.
BAD news for jobs turned into GOOD NEWS for stocks as lower yields fueled another push into risk assets.
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