Asia · Markets & Finance · The Economic Times

Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast

Published by The Economic Times · India 1 h ago

US stocks advanced on Friday, with the Nasdaq Composite hitting a record high, as softer-than-expected jobs data lowered expectations for an imminent Fed rate hike. Falling…

Read the full article on The Economic Times Sign in to save

MediaNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (economictimes.indiatimes.com)

Also worth reading

The Business Times

G7 to release 100 million barrels of diesel and other reserves as prices soar

Mint

Sumeet Bagadia's top 3 stocks to buy: HDFC Life, Cummins India, CG Power | Target, stoploss, Nifty, Bank Nifty outlook

Business Standard

Cheaper, fresh-issue IPOs deliver stronger gains for investors who hold on

The Straits Times Business

Singapore factory activity expands in September, ‘supercharged’ by AI demand

SCMP Business

McDonald’s sells Hong Kong shop for US$15.3 million as ‘old money’ returns to retail

Tech in Asia