Macro Finance
Nasdaq 100 Climbs to Record as Jobs Curb Fed Bets: Markets Wrap
Bloomberg Markets·October 1, 2026·1 min read
The Nasdaq 100 climbed to a record as a slowdown in the US jobs market drove stocks higher on speculation the Federal Reserve won't be forced to lift rates anytime soon. The rally reflects investor optimism that the central bank will maintain accommodative policy amid cooling employment.
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