✉news BusinessMarkets first seen 17 h ago, last 43 min ago, peak #1
Stocks rise as soft jobs data eases rate-hike fears
Original: Equities close higher as softer jobs data quiets rate-hike expectations
Global equity markets closed higher after a softer US jobs report cooled expectations of further interest-rate hikes by the Federal Reserve. Investors interpreted the weaker labour data as a sign that tightening may be nearing an end, lifting stock indices and easing pressure on rate-sensitive sectors.
Why now: The jobs report shifted expectations for monetary policy, moving markets.
Federal ReserveUS stock market
Rank over time, top of the chart is #1. 13 snapshots from 17 h ago to 43 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/777500