Wall St Week Ahead-Jobs Report, Inflation Data to Test US Rate Path, Economic Strength
Investors expect 100,000 September jobs and a 4.2% unemployment rate as new inflation data tests the case for another Fed rate hike.
- Wall Street is bracing for upcoming employment and inflation reports this week to assess the Federal Reserve's trajectory for interest rate hikes, which could undermine the stock market's rally.
- Rising Treasury yields have intensified investment competition for stocks, with the 30-year yield reaching its highest level in over 20 years and the 10-year yield surging well above the 5% threshold.
- Although the S&P 500 remains up more than 12% in 2026, underlying market breadth has weakened, with nine of 11 sectors in negative territory so far this month.
- The October 2 payrolls report is expected to show growth of 100,000 jobs and an unemployment rate of 4.2%, data that could solidify the case for another rate hike.
- "When you step back and you look at what matters to the market right now, the Fed is front and center," said Jim Baird, chief investment officer with Plante Moran Financial Advisors.
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11 Articles
Wall Street Week Ahead: Jobs report, inflation data to test US rate path, economic strength
Upcoming reports on employment and inflation are poised to influence expectations around interest rate hikes, subsequently impacting the US stock market. Rising Treasury yields spark concerns about potential downturns if this trend persists. Analysts anticipate the payrolls report will indicate job growth, which could directly sway Federal Reserve policy. Should job numbers surpass predictions, immediate market reactions may reflect rate hike an…
Haberler
HabertürkData indicating continued heating of economic activity in the US has strengthened concerns that inflationary pressures may intensify in the country, and therefore the US Federal Reserve may continue its hawkish steps. Next week, the growth, non-farm payrolls, and personal consumption expenditures price index data to be released in the US will be scrutinized for clearer signals regarding the course of inflation and the state of economic activity.
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