Trading Day: Stocks find footing as Treasury yields ease
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Wall Street closed higher on Thursday as US Treasury yields eased from recent highs.
- ✓Investors now look toward Friday’s employment report, which expects the US economy added 90,000 jobs in September.
- ✓The jobless rate should hold at 4.1%.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Reuters
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
NEW YORK, Oct 1 (Reuters) - Wall Street embarked on a new quarter with a nominally higher close on Thursday as the benchmark US Treasury yield eased back from multi-year highs after seven straight days of gains.
After a raft of generally upbeat economic data, focus turns to Friday's employment report, which is expected to show the US economy added 90,000 jobs in September, with the jobless rate holding firm at 4.1%.
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I will go into more detail on today's market moves below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
Today's Key Market Moves
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