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Latest financial news from across the markets
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Markets are reacting to a stronger-than-expected U.S. jobs report, with payrolls rising by 162,000 in August, pushing the unemployment rate to 4.1%. This news has led to a rise in Treasury yields and a dip in Dow futures. In corporate news, Lululemon's stock plunged 20% following disappointing earnings, while Volkswagen shares jumped 8% on plans to cut jobs amid competitive pressures. Meanwhile, Bitcoin is on track for its third consecutive winning week as macroeconomic pressures mount.
Latest Market Updates
| Title | Published |
|---|---|
Buy the dip on this networking stock that set to more than double, says Citi Buy the dip on this networking stock that set to more than double, says Citi | less than a minute ago |
Analysis: Why lower Treasury yields could require a weaker economy Analysis: Why lower Treasury yields could require a weaker economy | less than a minute ago |
High childcare costs? You may be able to blame the calendar High childcare costs? You may be able to blame the calendar | less than a minute ago |
U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1% U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1% | less than a minute ago |
The private security boom The private security boom | less than a minute ago |
Stocks making the biggest moves premarket: AMC, Lululemon, Adobe Stocks making the biggest moves premarket: AMC, Lululemon, Adobe | less than a minute ago |
Diesel hits record high as Ukraine and Iran wars knock out refineries Diesel hits record high as Ukraine and Iran wars knock out refineries | 7 minutes ago |
Buy the dip on this networking stock that set to more than double, says Citi
Buy the dip on this networking stock that set to more than double, says Citi
Analysis: Why lower Treasury yields could require a weaker economy
Analysis: Why lower Treasury yields could require a weaker economy
High childcare costs? You may be able to blame the calendar
High childcare costs? You may be able to blame the calendar
U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%
U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%
The private security boom
The private security boom
Stocks making the biggest moves premarket: AMC, Lululemon, Adobe
Stocks making the biggest moves premarket: AMC, Lululemon, Adobe
Diesel hits record high as Ukraine and Iran wars knock out refineries
Diesel hits record high as Ukraine and Iran wars knock out refineries