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A weaker-than-expected jobs report spoiled a broad set of assumptions on Wall Street, from the economy's health to the Federal Reserve's next move. Traders have now all but 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Stocks-Equities Close Higher as Softer Jobs Data Quiets Rate-Hike Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2672746219","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672746219?lang=en_us&edition=fundamental","pubTime":"2026-10-03 04:00","pubTimestamp":1790971248,"startTime":"0","endTime":"0","summary":"US STOCKS-Equities close higher as softer jobs data quiets rate-hike expectationsNEW YORK, Oct 2 -US stocks advanced on Friday to close out the trading week after weaker-than-expected jobs data dampened expectations for a rate hike from the Federal Reserve at its policy meeting this month.The Labor Department saidnonfarm payrolls increasedby 29,000 jobs last month, with the count for the prior two months also revised sharply lower, and well below the 90,000 estimate of economists polled by Reuters.The weaker-than-anticipated data pulled down expectations for a rate hike of at least 25 basis points from the Fed at its meeting at the end of October to 22.7%, according to CME FedWatch, from 24.4% in the prior session and 64.2% a week earlier.\"Today's news was OK insofar as it means the economy isn't roaring,\" said Robert Bernstone, head of trading at SummitTX Capital in New York. \"But how good is 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500 Top and Bottom Performing Stocks at About 03:30 P.m. 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Divided Stock Market Looks Scary. it Could be the Setup for a Serious Rally.","url":"https://stock-news.laohu8.com/highlight/detail?id=2672743000","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672743000?lang=en_us&edition=fundamental","pubTime":"2026-10-03 01:12","pubTimestamp":1790961120,"startTime":"0","endTime":"0","summary":"A yawning gap has opened up inside the stock market that to some looks like an abyss. We see an opportunity.On the surface, the stock market is doing just fine. The S&P 500 index ended September with a loss of just 0.5%, and is less than 1% below the record high it set in August. That's certainly better than might be expected, given that the Federal Reserve has started raising interest rates, the 10-year Treasury yield just hit its highest level since 2002, and the Iran war continues with no end in sight, giving a boost to energy prices. Meanwhile, there are still lingering questions about the artificial-intelligence trade, from the fundamental-how will Anthropic and OpenAI turn a 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