Stock Market Today: Dow Opens Higher, Yields Fall as Hiring Softens
U.S. stocks opened higher following the release of softer payrolls data and a decline in bond yields. The Nasdaq is leading the gains as investors react to the employment numbers. This positive movement follows a period of volatility where markets weighed cooling inflation against rising yields. While U.S. indices show strength, global markets remain mixed, with Asian shares recently falling due to oil rallies and fluctuations in foreign exchange and bond markets.
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- β The Nasdaq is leading stocks higher as hiring softens.
- β U.S. stock futures showed mixed signals prior to the jobs report, with some reports indicating they were little changed or rising.
- β Asian shares fell following volatility in bonds and foreign exchange.
What changed
U.S. markets shifted to gains following the release of softer September payrolls data.
Live updates
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Wall Street Opens Higher as Hiring Softens and Yields Decline
U.S. stocks opened higher following the release of softer payrolls data and a decline in bond yields. The Nasdaq is leading the gains as investors react to the employment numbers. This positive movement follows a period of volatility where markets weighed cooling inflation against rising yields. While U.S. indices show strength, global markets remain mixed, with Asian shares recently falling due to oil rallies and fluctuations in foreign exchange and bond markets.
Why it matters
Investors are closely monitoring employment data to gauge the Federal Reserve's next moves on interest rates. Recent market activity has been defined by a tension between cooling inflation prints and a deepening global bond sell-off.
What is confirmed
- The Nasdaq is leading stocks higher as hiring softens.
- U.S. stock futures showed mixed signals prior to the jobs report, with some reports indicating they were little changed or rising.
- Asian shares fell following volatility in bonds and foreign exchange.
Still unconfirmed
- OpenAI is halting the development of some advanced artificial intelligence models.
- The Sensex plunged 1,124.02 points on September 28 to 72,771.72.
What to watch next
- Federal Reserve interest rate decisions
- Further updates on OpenAI AI model development
- Upcoming U.S. consumer confidence survey results
confidence 90%Sources used for this update (14)
- www.investors.com β Stock Market Today | Investor's Business Daily
- finance.yahoo.com β U.S. stock futures dip as markets parse Iran tensions, OpenAI training halt
- www.thehindubusinessline.com β Stock Market Highlights, Sept 28: Sensex tanks 1,124 points, Nifty ends below 22,800 - The HinduBusinessL....
- pro.thestreet.com β Cool Inflation Print Overshadowed by Rising Yields as Stocks Stumble Into Quarter-End
- CNBC β Stock futures are little changed as September jobs report looms: Live updates
- Bloomberg.com β Asian Stocks to Fall on Oil Rally, Bonds in Focus: Markets Wrap
- Reuters β Asian shares fall after wild swings in bonds, FX; US jobs data looms
- Yahoo Finance β Stock market today: Dow, S&P 500, Nasdaq futures rise ahead of key jobs report as oil steadies
- AP News β World shares mixed after global bond sell-off deepens and ahead of US jobs data
- WSJ β Jobs Report Today: Bond Market Steadies as Investors Await Employment Numbers β Live Updates
- www.conference-board.org β US Consumer Confidence
- WSJ β Nasdaq Leads Stocks Higher as Hiring Softens
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