'Good News Is Bad News': Big Jobs Beats Sends Rate-HIKE Odds Soaring, Batters Bonds, Stocks, Gold
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4 Articles
U.S. Economy Adds 162,000 New Jobs in August; Vance: Everything on the Table to Pressure Iran
HOLLYWOOD, FLORIDA - FEBRUARY 11: A "Now Hiring" sign is seen at an AutoZone on February 11, 2026 in Hollywood, Florida. The US economy added an estimated 130,000 jobs last month, and the unemployment rate fell to 4.3%, according to new Bureau of Labor Statistics data. (Photo by Joe Raedle/Getty Images)
The most important key figure of the week for the financial markets will arrive on Friday, when the US jobs report takes the temperature on the labor market. The "king figure" will be crucial for whether the US central bank raises interest rates at its meeting later in September.
Gold Drops 1.7% After 162,000 U.S. Jobs Beat
NEW YORK, September 4, 2026, 8:32 a.m. EDT — Gold gave the clearest verdict on Friday’s jobs report, falling $75.60 an ounce in three minutes. U.S. employers added 162,000 jobs in August, nearly triple the pre-release consensus, while a revision turned July’s reported payroll loss into a gain. S&P 500 futures dropped below their prior…
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