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Fall Break For Fed? Jobs Report Eases Concerns Of Rate Hikes As Unemployment, Participation Grow - NVIDIA (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO)

(Friday market open) U.S. jobs growth stayed on simmer in August as nonfarm payrolls grew 187,000, the U.S. Department of Labor reported Friday. The unemployment rate jumped and the government downwardly revised job gains from earlier this summer.

Treasury Yields Could Provide Tailwind, But Disappointing European Data Clips Rally - Broadcom (NASDAQ:AVGO), Salesforce (NYSE:CRM)

(Wednesday market open) A sprinkle of caution threatened to rain on Wall Street’s rally parade early Wednesday as signs of stubborn inflation in Europe pushed markets lower across the Atlantic. It was more of a mixed picture on Wall Street in premarket trading as investors reacted to both the disappointing overseas data but also to rate-friendlier U.S.

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