Market News / Story
IXIC — Nasdaq Futures Flash Green as Traders Double Down on Risk. Rate-Hike Fear Is Fading
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Stocks kick off the week with support from softer US jobs data, but a stronger dollar, elevated bond yields and expensive oil mess with the outlook. Tech leads, Asia follows The Nasdaq Composite gained 1.2% Friday, outpacing the S&P 500’s 0.7% advance and the Dow’s 0.5% rise. It also finished the week 0.45% higher, while both other benchmarks declined. September payrolls increased by just 29,000, versus expectations of 90,000, with earlier months revised lower. That…