The US economy added only 29,000 jobs in September, far below expectations of 84,000, while the unemployment rate rose to 4.2%. August and July job figures were revised down, showing 60,000 fewer jobs than previously reported. The weak labor market data suggests the Federal Reserve may hold interest rates steady at its October meeting. Despite slower job growth, the labor force participation rate increased to 61.8%, and wage growth showed signs of easing, with average hourly earnings up just 0.1%. Inflation remains above the Fed's 2% target, keeping policymakers cautious about future rate hikes.
The US labor market data for September showed a weak job increase of just 29,000 and a rise in the unemployment rate to 4.2%. For readers following US stocks, here is Pluang's market snapshot as of Oct 02, 2026 18:21 WIB: out of 150 priced US stocks tradable on Pluang, 115 rose and 29 fell. Notable movers include NKE (Nike Inc) down 9.59%, COIN (Coinbase Global, Inc.) up 2.42%, and MRVL (Marvell Technology Inc) up 2.17%.
UBS has maintained a Neutral rating on Nike stock following the company's fiscal first-quarter revenue falling short of estimates and its announcement of layoffs. Nike's shares dropped over 7% amid weak earnings guidance and expectations of further s...
Acuity Inc. reported strong fiscal Q4 earnings with adjusted EPS of $5.77, beating analyst estimates despite net sales of $1.244 billion falling just short of consensus. Operating profit rose 25.7% to $227 million, and operating margin expanded to 18...
Analysts from Robert W. Baird and Bank of America have lowered their price targets for Fair Isaac (FICO) due to changes in mortgage rules by Fannie Mae and Freddie Mac. These changes favor alternative credit scoring models like VantageScore, potentia...
Delta Air Lines stock is currently trading at $84.13, within a 52-week range of $55.03 to $95.68, reflecting steady investor interest. Analysts maintain a largely positive outlook, with an average brokerage recommendation of 1.24, indicating a sentim...
American Airlines will soon allow customers to book tickets using a combination of cash and AAdvantage miles through a new slider bar at checkout. This feature helps customers who don't have enough miles for a full ticket to reduce the cash amount ne...
