Treasury yields slip as hope for Fed rate cuts increases after latest U.S. jobs data
U.S. Treasury yields were lower Monday, adding to the declines seen Friday after the April jobs report showed weaker-than-expected payrolls growth.
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European markets set to rise with global sentiment remaining stable after U.S. jobs data
LONDON — European markets are set to advance Monday as traders continue to assess the possibility of rate cuts after softer-than-expected U.S. jobs data.
Dow closes higher by more than 400 points as April jobs report bolsters Fed rate cut hopes: Live updates
Stocks jumped sharply Friday after a softer-than-expected April jobs report boosted hopes that the Federal Reserve could start cutting interest rates soon.
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, lifting hopes that the Federal Reserve will be able to cut interest rates in the coming months.
Hong Kong, Taiwan stocks lead gains in Asia markets after Apple earnings; U.S. jobs data in focus
This is CNBC's live blog covering Asia-Pacific markets.
Here's what to expect from the April jobs report on Friday
Hiring likely continued at a brisk pace in April as investors look for any cracks in the labor market that could sway the Federal Reserve.
Fed meeting recap: Powell pretty much rules out a hike as the central bank's next move
Federal Reserve Chair Jerome Powell said it was unlikely that the central bank's next move will be a rate hike. The comment spurred a rally for the three major averages, with the Dow surging more than 500 points in its session high. Central bank policymakers kept rates steady at the conclusion of their May meeting, holding at a range of 5.25% to 5.5%.
Stock futures rise after Fed decides to hold rates steady: Live updates
Stock futures advanced Thursday as investors looked ahead to more corporate earnings and a key labor data set for later in the week.