U.S. stock futures and Treasuries fluctuated as weak jobs data upended bets on the Federal Reserve’s policy plans.
Contracts on the S&P 500 were higher after data showed employers added far fewer jobs than anticipated last month. While the report is unlikely to deter the Fed from announcing cutbacks to its bond buying next month, it may remove pressure for the central bank to raise interest rates any time soon.
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October 08, 2021 at 04:50AM
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Stock Market Today: Dow, S&P Live Updates for Oct. 8, 2021 - Bloomberg
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