Reported about 8 hours ago
The US economy continues to show unexpected resilience, as reflected in a strong September jobs report that has led to a shift in market expectations regarding future Federal Reserve interest rate cuts. Despite initial market rallies following the jobs report, there is concern that sustained economic strength might lead to inflation risks and higher yields, impacting investor sentiment. Analysts suggest that in this environment, a robust economy might be preferred over rate cuts, as growth could drive stock prices higher.
Source: YAHOO