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Stock market today: Dow notches record high after strong jobs report eases slowdown worries

Odds of a 50 basis point cut dropped to 0% from 53% last week after the strong September jobs report, according to the CME FedWatch Tool.

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NBC News on MSN · 2h

Dow closes at record high after blow-out jobs report

Stocks rallied after data showed nonfarm payrolls grew by 254,000 jobs in September, far outpacing the forecasted gain of 150,000 from economists polled by Dow Jones. The unemployment rate ticked down to 4.1% despite expectations for it to hold steady at 4.2%.

The Associated Press on MSN · 19h

Stock market today: Wall Street rises after a blockbuster jobs report

U.S. stocks are rising Friday after a surprisingly strong report on the U.S. job market raised optimism about the economy. The S&P 500 was 0.6% higher in late trading and nearing its all-time high set on Monday.

Employers Added 254K Jobs in September

CBS News on MSN · 8h

Employers added 254,000 jobs in September, blowing away forecasts

Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate decision.

U.S. News & World Report on M… · 10h

Boom! Employers Added 254K Jobs in September

The labor market roared back to life in September as employers thrashed expectations, adding 254,000 jobs. Economists had forecast an increase of 150,000 after the upwardly revised 159,000 gain in August.

The Washington Post on MSN · 13h

Employers added 254,000 jobs in September, reflecting strong gains as election nears

The September jobs report released Friday shows continued strong market growth heading into the November presidential election.

Sep. jobs report builds case for smaller Fed rate cut

USA Today on MSN · 4h

Blowout September jobs data points to solid economy and slower Fed rate cuts, analysts say

September's 245,000 new jobs topped consensus forecasts by about 100,000. This means the Fed can probably slow the pace of rate cuts, economists said.

Reuters on MSN · 7h

Fed seen slowing rate cut pace after strong US jobs data

A surge in U.S. job growth has financial markets betting the Federal Reserve will follow last month's half-point interest rate reduction with smaller moves, and ignited a debate over whether the policy rate ends up at a higher level than previously expected.

Forbes · 8h

Job Market Strong in September - Will It Slow Fed Rate Cuts?

The jobs report from the Bureau of Labor Statistics for September was considerably stronger than expected. Economists had been predicting payroll growth of 140-150,000 jobs; instead, payrolls rose by 254,

Biden Calls Out Marco Rubio For Calling Jobs Numbers 'Fake'

The Washington Post on MSN · 1h

Biden calls out Rubio for false claim that solid jobs report is ‘fake’

The jobs numbers are what the jobs numbers are. They’re real,” President Joe Biden told reporters when questioned about GOP Sen. Marco Rubio’s social media post.

HuffPost on MSN · 3h

Joe Biden Calls Out Marco Rubio For Calling Jobs Numbers 'Fake'

President Joe Biden made a surprise appearance in the White House briefing room on Friday to tout good news about the economy ― and he called out a Republican senator for claiming the numbers are “fake.

MSNBC · 4h

Biden on job numbers: Anything ‘MAGA Republicans don’t like, they call fake’

Taking questions from the White House press briefing room, President Biden addressed Sen. Marco Rubio, R-Fla., who tweeted that the new jobs report had fake numbers.

6hon MSN

Blockbuster jobs report paves way for US economy to avoid recession in 'soft landing,' experts say

A blockbuster jobs report on Friday paved the way toward a soft landing, in which inflation returns to normal levels while ...

2hon MSN

Bitcoin jumps over $62,000 on sparkling jobs report

Bitcoin rose 3% on Friday, surpassing $62,000 on the strenght of a better-than-expected jobs report, rounding out a volatile ...

Jobs Figures Show Consumers' Postpandemic Spending Spree Is Marching On

Behind the robust September jobs report is an economic driver that shows few signs of slowing: consumer spending. Despite ...

Jobs Report Adds to Economic Momentum for Harris

In recent weeks, reports have shown inflation slowing and the economy growing at a robust clip. The Federal Reserve has also ...

Jobs report, strike resolution offer Harris lift on economy

A surge in hiring offers Vice President Kamala Harris a fresh defense in her fight with Donald Trump over the economy, as the ...

3hon MSN

Kamala Harris buoyed by jobs report, inflation numbers with election a month away

Friday’s robust jobs report for September landed with about a month until Election Day — and the better-than-expected data ...

The Economy Looks Strong After the Latest Jobs Report

The robust jobs numbers align with other strong economic data to paint a portrait of a solid economy. Consumer spending has ...

6hon MSN

Friday’s jobs report could be the last normal one for a while

September’s jobs report, due out Friday morning, is expected to show that the US labor market has slowed somewhat but remains ...

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