The markets will go through another short week of operations and are attentively awaiting the publication of key employment data, which may impact the Federal Reserve’s monetary policy.
The main Wall Street indices They started on Tuesday with heavy losses, hand in hand with Nasdaqwhich lost 1.6%. It is worth noting that technology stocks rose on Monday, ahead of the release of key employment data. The markets will go through another short week of operations, as the The New York Stock Exchange will be closed on Thursday to honor the passing of former President Jimmy Carter.
In this context the Dow Jones Industrials Index go down a 1.2% to 19,633.03 points; he S&P 500 give up a 0.7% to 5,932.80 points and the Nasdaq Composite sinks 1.7% until the 19,531.47 points.
Employment data
Investors will be watching various labor market data in the United States, including the monthly employment report to be published on Friday, and which are key to the Federal Reserve’s monetary policy.
The employment report, which will be published on Friday the 10th, includes the non-farm payrolls (which are expected to fall by up to 155,000 jobs), unemployment rates (which are expected to remain stable at 4.2%) and the hourly wages (which are expected to increase by 4.2% compared to last year).
wall street markets
Reuters
The 10-year Treasury bond yield it shoots 1.4% to 4,680%.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
