Last week’s market moves seem driven by sentiment. While
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe. That's fewer than the 161,000 expected by Dow Jones, but better than July's revised 86,000. Unemployment in August ticked down to 4.2% from 4.3% as the labor force grew 120,000 for the month.sliding 2.55% to end the week more than 10% off its record close.
That's, however, a very big"if." Markets are less an Excel formula than Word's often random autocomplete suggestions. Sure, the jobs report looks to the past while markets forecast the future. But the futures market itself is betting on a 65% chance for a 25-point cut in September, and only 35% for 50 points, according to the
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CNBC Daily Open: Prequels, sequels and pixie dustWall Street recovers as the S&P 500 ended the week just 0.04% lower, while the Dow Jones Industrial Average slipped 0.6% and the Nasdaq Composite dipped…
Read more »
CNBC Daily Open: Prequels, sequels and pixie dustWall Street recovers as the S&P 500 ended the week just 0.04% lower, while the Dow Jones Industrial Average slipped 0.6% and the Nasdaq Composite dipped…
Read more »
CNBC Daily Open: Wall Street rebounds, investors to monitor earnings and inflation dataThis week, investors will gain more insight into consumer sentiment as Walmart and Home Depot release their earnings.
Read more »
CNBC Daily Open: Wall Street rebounds, investors to monitor earnings and inflation dataThis week, investors will gain more insight into consumer sentiment as Walmart and Home Depot release their earnings.
Read more »
CNBC Daily Open: Oil soars on Middle-East tensionsThe S&P 500 and the Nasdaq Composite largely held on to gains in choppy trade ahead of key inflation data.
Read more »
CNBC Daily Open: Oil soars on Middle-East tensionsThe S&P 500 and the Nasdaq Composite largely held on to gains in choppy trade ahead of key inflation data.
Read more »