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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.

The Associated Press on MSN · 6h

Stock market today: Dow rallies to a record after a blockbuster jobs report

Friday’s report capped a week of mostly encouraging data on the job market, including an update indicating layoffs remain relatively low. Such strength helps allay one of Wall Street’s top questions: whether the job market will continue to hold up after the Federal Reserve earlier kept interest rates at a two-decade high.

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NBC News on MSN · 6h

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%.

U.S. economy added 250K jobs in September

MSNBC · 14h

U.S. economy added 250K jobs in September, much higher than expected

The U.S. economy added 250K jobs in September, higher than expected. The Morning Joe panel discusses.Oct. 4, 2024

USA Today · 15h

Jobs report: US employers add more than 250,000 jobs to blow past estimates

September’s labor report, due Friday, is expected to show employers added 140,000 new jobs, little changed from the 142,000 positions created in August, according to FactSet consensus estimates. The unemployment rate is forecast to remain unchanged at 4.2%.

Business Insider · 14h

U.S. Employment Jumps Much More Than Expected In September

A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by much more than

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

HuffPost on MSN · 7h

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.

The Washington Post on MSN · 5h

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.

MSNBC · 8h

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.

Fed's Goolsbee Calls Sep. US Jobs Report 'Superb'

Reuters on MSN · 12h

Fed's Goolsbee calls jobs report 'superb,' still sees rate cuts ahead

(Reuters) -Chicago Federal Reserve President Austan Goolsbee on Friday called the latest U.S. jobs report "superb" and said more labor market data along those lines would boost his confidence the economy is at full employment with low inflation.

Bloomberg on MSN · 12h

Fed’s Goolsbee Praises Jobs Report, Warns It’s Just One Month

Federal Reserve Bank of Chicago President Austan Goolsbee lauded the strong September jobs report but warned of putting too much stock in one month’s data, adding that there are risks that inflation might undershoot the central bank’s 2% target.

MarketWatch · 19h

Fed's Goolsbee says September jobs data doesn't alter forecast that rates can come down by 'a lot'

The September jobs report doesn't alter the view that interest rates can come down "a lot" over the next year-and-a-half, said Chicago Fed President Austan Goolsbee on Friday. The Fed has to be careful not to keeping rates as "restrictive as they are,

10hon 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 ...

10h

September jobs report: Payrolls rise 254,000 as unemployment rate slips to 4.1%

The labor force participation rate among women ages 25 to 54, their prime working years, dipped to 78.1% September, from 78.4 ...

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 ...

What the latest jobs report says about the U.S. economy

The September jobs report showed U.S. employers added 254,000 jobs and yearly wage increases outpaced the inflation rate. CBS ...

6hon 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 ...

7hon 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 ...

1don MSN

Jobs report to offer economic snapshot weeks before Election Day

Investors and policymakers eagerly await a jobs report on Friday that will show whether the labor market has continued its ...

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