U.S. stock indexes extended losses for a second day on Friday as elevated U.S. Treasury yields dragged growth shares after stronger-than-expected jobs data amplified investor fears of bigger interest rate hikes to tame surging prices.
The Labor Department's report showed nonfarm payrolls increased by 428,000 jobs in April, while economists polled by Reuters had expected 391,000 job additions.
Unemployment rate remained unchanged at 3.6% in the month, while average hourly earnings increased 0.3% against forecast of a 0.4% rise. The data underscored the economy's strong fundamentals despite a contraction in gross domestic product in the first quarter.
"Wage growth came in slower and below expectations... but one month does not yet make a trend consistent enough for the Fed to slow its monetary tightening intentions." Nine of the 11 major S&P sectors declined in early trading, with consumer discretionary sector down 1.7%.slid 1.6%, adding to a near 5% drop in the previous session, as investors feared bigger rate hikes might be announced as inflation runs at a four-decade high.
Traders see a 75% chance of a 75 basis point hike at the Fed's June meeting, despite Fed chief Jerome Powell ruling it out.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Global stocks, Wall St futures skid on fears over rate hikeGlobal stocks and Wall Street futures are lower as fears spread that U.S. interest rate hikes to fight inflation might stall economic growth.
続きを読む »
Wall Street keeps swinging amid fears about rates, economyStocks are falling Friday, despite a strong report on the U.S. jobs market, as Wall Street’s top worry remains whether the economy can withstand the sharp rises in interest rates set to slam into it.
続きを読む »
MPD: Emily Rogers found dead in St. FrancisAn unfortunate ending in the search for 23-year-old Emily Rogers.
続きを読む »
Plano office building St. Louis investor’s latest buy in D-FWA St Louis-based property investor is upping its holdings in North Texas with the purchase of a Plano office building and another deal in the works. Larson...
続きを読む »
St. Johns County teen set for pre-trial hearing in murder of Tristyn BaileyNearly a full year since 13-year-old Tristyn Bailey’s body was found, the teenager accused of her murder will walk into court for one of the final times before his trial begins.
続きを読む »
Sea foam floating in St. Johns River: Should we be concerned?If you notice enormous amounts of sea foam or it’s an odd color you should call a nearby environmental protection agency.
続きを読む »