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August payrolls jump led by Leisure, Government, and Manufacturing sectors amid yield curve shifts.

Market News
05 Sep 2026
Seeking Alpha
View Source
Neutral
August payrolls jump led by Leisure, Government, and Manufacturing sectors amid yield curve shifts.

August payrolls saw a strong increase, primarily driven by Leisure/Hospitality, Government, and Education/Health sectors, with Manufacturing also showing gains possibly linked to defense production. The flattening yield curve may create a favorable 'Goldilocks' economic phase benefiting big Tech and Semiconductors if inflation remains moderate. Inflation-sensitive assets like silver and some commodities might face challenges, while strategic minerals could perform differently. The focus remains on Tech, Semiconductors, and Software sectors, with cautious precious metals positions maintained until clearer macroeconomic signals emerge, especially around the mid-term elections.

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Ripple CEO highlights $11B gold transfer to show blockchain can speed asset ownership without moving gold.

Ripple CEO highlights $11B gold transfer to show blockchain can speed asset ownership without moving gold.

De Nederlandsche Bank recently relocated about 86 tonnes of gold from North America to London, but most of it was transferred by selling in New York and repurchasing in London, rather than physically moving the gold. Ripple CEO Brad Garlinghouse uses...

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Arizona Gold & Silver ramps up drilling at Philadelphia Project, backed by Evolution Mining's validation.

Arizona Gold & Silver ramps up drilling at Philadelphia Project, backed by Evolution Mining's validation.

Arizona Gold & Silver has appointed Yale Simpson as a director, who highlighted the accelerated drilling program at the Philadelphia Project. The company is increasing exploration efforts, potentially adding a second drill to expand work and define t...

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Solana breaks out of consolidation, eyes $110-$113 resistance before targeting $200.

Solana breaks out of consolidation, eyes $110-$113 resistance before targeting $200.

Solana (SOL) has broken above a months-long consolidation pattern, with the $110-$113 range now the immediate resistance to watch. Holding support between $90.50 and $100.48 is crucial for maintaining bullish momentum. A sustained move above $113 cou...

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Tuya Smart debuts AI companion robot Doova and new AI ecosystems at IFA 2026 in Europe.

Tuya Smart debuts AI companion robot Doova and new AI ecosystems at IFA 2026 in Europe.

Tuya Smart unveiled its AI companion robot Doova and introduced its AI Home, AI Energy, and AI Robot ecosystems at IFA 2026 in Europe. Doova is designed to assist seniors with companionship, health reminders, and home monitoring using advanced AI tec...

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Oracle stock rebounds above $120, driven by AI growth and software sector recovery.

Oracle stock rebounds above $120, driven by AI growth and software sector recovery.

Oracle's stock has stabilized above $120, defying bearish expectations amid a broader software sector recovery. The company's $638 billion Remaining Performance Obligations (RPO), closely linked to OpenAI, support confidence in future revenue and AI ...

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