macro

And markets like it

A stronger-than-anticipated increase in US jobs drove stocks and short-dated bonds lower, with traders boosting their bets the Federal Reserve will raise rates this month.

The dollar slid to start September as mixed signals on the Federal Reserve’s next move kept traders on edge ahead of a pivotal inflation report, while a surging yen reverberated across global currency markets.

Treasuries capped a choppy week of trading with higher short-term yields after a stronger-than-expected employment report on Friday nudged up expectations for a Federal Reserve interest-rate hike this month. Next week, key inflation data looms.

US equity funds record second weekly outflow on Iran tensions, high yields Reuters

Bond yields jumped and stocks dipped after a strong August jobs report.

Shares of Fair Isaac Corp., Equifax Inc. and TransUnion tumbled on Friday after Federal Housing Finance Agency Director Bill Pulte renewed his long-standing criticism of the costs of consumer credit scores.

Expectations for Federal Reserve rate rise in September tick up after strong report

Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.

European stocks briefly pared gains as traders boosted wagers of a Federal Reserve rate hike following a hotter-than-expected US jobs report. Volkswagen AG shares jumped on plans for a sweeping restructuring at the carmaker.