Lates News

U.S. stock index futures continued to rise after the government reported that employers unexpectedly cut 23,000 jobs last month. Bond yields, on the other hand, fell sharply. A weak labor market may indicate reduced upward pressure on inflation. The yield on the 10-year U.S. Treasury note dropped from 4.67% before the government released the report to around 4.60%. Currently, although the market is still influenced by concerns over war and the potential for a bubble in AI investments, the overall strong corporate earnings have alleviated worries on Wall Street about stock valuations being too high.