News Highlights: Top Global Markets News of the Day - Sunday at 9 PM ET

Blowout Jobs Report Boosts Shares, Hits Bonds 
 

The Nasdaq Composite rose 1.2%, while the Dow industrials and S&P 500 added about 0.8% and 0.9%, respectively. The blockbuster September U.S. payrolls eased recession fears.

 
How Long Can the U.S. Economy's 'Goldilocks' Moment Last? 
 

Markets seem pleased with a strong jobs reading, but significant risks remain.

 
A Tried-and-True Investing Pattern Has Lost Its Shape 
 

Deciding what sectors and companies are cyclical versus defensive has suddenly gotten a lot more complicated.

 
What Trading Volume Is Telling Investors About the Stock Market 
 

Investors who follow price movements along with spikes or dips in share volume can glean information about indexes' or stocks' direction

 
One Small-Stock Fund Crashes the Big-Tech Party 
 

Hood River fund places No. 6, the outlier among the large-cap funds whose heady gains have been driven by the 'Magnificent Seven.'

 
Stock Funds Gained 16.1% Through Third Quarter 
 

Bond funds stood proud, as well, drawing investors' cash. Also: A flashback to 95 years ago, the Great Crash.

 
U.S. Hiring Accelerated in September, Blowing Past Expectations 
 

The jobs report suggests the U.S. might be headed toward a soft landing, where inflation moves down to the Fed's goal without major deterioration in the jobs market.

 
American Consumer Spending Boosts September Hiring 
 

The U.S. jobs report left analysts' expectations in the dust, and shows a hiring surge for bars, fast-food restaurants, healthcare and construction.

 
EU to Move Ahead With New Tariffs on Chinese-Made EVs 
 

The bloc approved import duties of up to 45%, defying pleas from some European auto executives who fear retaliation from Beijing.

 
Why Mortgage Rates Haven't Fallen Since the Fed Cut 
 

The Federal Reserve cut interest rates, then standard 30-year mortgage rates went up. It's a warning that lower rates from here are not a foregone conclusion.

(END) Dow Jones Newswires

October 06, 2024 21:15 ET (01:15 GMT)

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