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Wall Street Ends Lower as Jobs Data Fuels Fed Bets

August payrolls rose 162,000, and the 10-year Treasury yield climbed to 4.77% as investors priced in fewer rate cuts.

Stronger-than-expected US jobs figures have prompted investors to ramp up bets on interest-rate hikes, with all three major indices closing lower.

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Gold prices continued to fall after better-than-expected US jobs data and predictions of a possible Fed interest rate hike, impacting the global gold market. Gold in a shifting financial order. US labor market recovers with 162,000 new jobs. Gold prices surged the most in two weeks as the US dollar weakened.

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rthk.hk broke the news on Saturday, September 5, 2026.
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