S&P 500 posts worst week in nearly a month as rates pop
The broad index fell nearly 1 percent this week, posting its worst weekly performance since September.
The U.S. economy added 134,000 in September, well below the expected gain of 185,000. However, the U.S. unemployment rate fell to its lowest level since 1969. Wages, meanwhile, grew by 2.8 percent last month on a year-over-year basis to match expectations.
The jobs data sent the benchmark 10-year U.S. yield to a fresh seven-year high, fueling concerns over rising rates.
Dow.......26447 -180.4 -0.68%
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(3534)
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(Okt/Newcastle)
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CPO(Sept) 2223 -8 -0.36%
(Source: bursamalaysia.com)
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(Tokyo)JPY/kg
Pulp(BHKP) 1050.00 unch +0%
(02Okt- 08Okt)
* : weekly
(DE/ls 08-10-18)
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