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Fed Rate Hike Bets Surge to 60% After Blockbuster Jobs Data Shakes Stocks

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • A blockbuster U.S.
  • jobs report has sharply increased Federal Reserve rate hike odds to 60% for the mid-September meeting.
  • Surging Treasury yields and tightening concerns have sparked an equity pullback while boosting the U.S.
  • dollar and weighing heavily on gold and tech-heavy indices.
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US100 price history

29368.44 +18.07% over the displayed period

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