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Dow hits record high after strong U.S. jobs report

postandcourier.com — October 4, 2024, 10:00 PM UTC

Summary: U.S. stocks surged on October 4, following a strong jobs report that showed employers added 254,000 jobs in September, exceeding expectations. The Dow Jones Industrial Average set a new record, rising 0.8 percent, while the S&P 500 and Nasdaq also gained.

The report boosted confidence in the U.S. economy, reversing earlier concerns about rising tensions in the Middle East affecting oil supplies. Treasury yields increased as traders adjusted their expectations for future interest rate cuts by the Federal Reserve.

In the oil market, crude prices rose modestly, with Brent crude reaching $78.05 per barrel. Global stock markets also reacted positively, with European indexes climbing and Hong Kong's Hang Seng index jumping 2.8 percent.

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Timeline:

  1. [3.2]
    U.S. jobs report boosts Treasury yields while recession concerns persist (zerohedge.com)
    9d 10h
    Source
  2. [4.3]
    U.S. job growth continues but hiring rate hits lowest point in economic cycle (news.yahoo.com)
    9d 14h
    Source
  3. [4.5]
    Goldman Sachs strategist predicts year-end rally for stocks as S&P 500 climbs 21% (postandcourier.com)
    10d 15h
    Source
  4. [4.2]
    U.S. jobs report exceeds expectations, shifts outlook on Federal Reserve interest rates (news.yahoo.com)
    10d 22h
    Source
  5. [5.1]
    U.S. economy adds 254,000 jobs in September driven by seasonal hiring (news.yahoo.com)
    11d 10h

    ScoresSource
  6. [5.4]
    US economy adds 254000 jobs in September as unemployment rate dips to 41% (npr.org)
    11d 11h

    ScoresSource
  7. [4.8]
    US stocks surge after strong September jobs report boosts economic outlook (news.yahoo.com)
    11d 11h
    Source
  8. [4.8]
    U.S. jobs report reduces chances of significant Federal Reserve rate cut in November (news.yahoo.com)
    11d 11h
    Source
  9. [4.7]
    U.S. stocks rise on strong jobs report while gold prices and China's market show recovery (news.yahoo.com)
    11d 11h
    Source
  10. [5.5]
    Tesla robotaxi event and Taiwan Semiconductor sales report highlight resilient stock market (investors.com)
    11d 12h

    ScoresSource
  11. [5.1]
    Dow hits record high following strong U.S. jobs report (nbcnews.com)
    11d 12h

    ScoresSource
  12. [4.9]
    U.S. adds 254,000 jobs in September marking strongest growth in six months (salon.com)
    11d 12h
    Source
  13. [4.6]
    Nasdaq rises 219 points after strong September jobs report (news.yahoo.com)
    11d 12h
    Source
  14. [4.2]
    U.S. stocks rise on strong jobs report boosting economic optimism (abcnews.go.com)
    11d 12h
    Source
  15. [4.2]
    S&P/TSX gains nearly 200 points as U.S. markets rise on strong jobs report (thestar.com)
    11d 12h
    Source
  16. [3.8]
    S&P/TSX gains nearly 200 points as U.S. markets rise on strong jobs report (news.yahoo.com)
    11d 12h
    Source
  17. [4.4]
    Wall Street gains on strong jobs report as small caps lead and Chinese stocks hit 32-month high (benzinga.com)
    11d 14h
    Source
  18. [5.3]
    US economy adds 254,000 jobs in September easing recession fears (abcnews.go.com)
    11d 15h

    ScoresSource
  19. [5.0]
    US economy adds 254,000 jobs in September, exceeding expectations (ft.com)
    11d 15h

    ScoresSource
  20. [4.0]
    U.S. job growth prompts market shift towards cautious outlook on interest rates (news.yahoo.com)
    11d 15h
    Source
  21. [4.6]
    U.S. labor market shows strength as September jobs report exceeds expectations (news.yahoo.com)
    11d 16h
    Source
  22. [3.7]
    U.S. stocks rise as job growth exceeds expectations while Spirit Airlines shares tumble (benzinga.com)
    11d 16h
    Source
  23. [5.1]
    U.S. adds 254,000 jobs in September as unemployment rate falls to 4.1% (news.yahoo.com)
    11d 17h

    ScoresSource
  24. [2.9]
    S&P/TSX composite rises over 100 points as U.S. markets also gain (thestar.com)
    11d 17h
    Source
  25. [5.6]
    US economy adds 254,000 jobs in September, surpassing expectations (independent.co.uk)
    11d 18h

    ScoresSource
  26. [5.3]
    US economy adds 254,000 jobs in September, surpassing expectations (news.yahoo.com)
    11d 18h

    ScoresSource
  27. [5.1]
    U.S. economy adds 254,000 jobs in September, shifts expectations for interest rate cuts (cnbc.com)
    11d 18h

    ScoresSource
  28. [4.6]
    Dow rises over 260 points as U.S. job growth exceeds expectations and dockworkers' strike ends (qz.com)
    11d 18h
    Source
  29. [4.4]
    S&P 500 opens higher following strong U.S. jobs report (news.yahoo.com)
    11d 18h
    Source
  30. [4.0]
    U.S. stocks rise as Dow gains over 200 points and job growth exceeds expectations (benzinga.com)
    11d 18h
    Source
  31. [3.6]
    US stocks rise as employers add 254,000 jobs in September (mirror.co.uk)
    11d 18h
    Source
  32. [5.4]
    U.S. job growth exceeds expectations with 254,000 new jobs in September (latimes.com)
    11d 19h

    ScoresSource
  33. [5.0]
    US employers add 254,000 jobs in September, easing recession fears (bbc.com)
    11d 19h

    ScoresSource
  34. [5.0]
    US economy adds 255,000 jobs in September as unemployment falls to 4.1% (wcpo.com)
    11d 19h

    ScoresSource
  35. [4.9]
    US economy adds 255,000 jobs in September as unemployment falls to 4.1% (abc15.com)
    11d 19h
    Source
  36. [4.9]
    US economy adds 255,000 jobs in September as unemployment rate falls to 4.1% (tmj4.com)
    11d 19h
    Source
  37. [4.4]
    US employers add 254,000 jobs in September, unemployment rate drops to 4.1% (news.yahoo.com)
    11d 19h
    Source
  38. [4.2]
    U.S. Treasury yields rise sharply after strong September jobs report (cnbc.com)
    11d 19h
    Source
  39. [4.8]
    US economy adds 254,000 jobs in September, unemployment rate holds at 4.2% (cnn.com)
    11d 20h
    Source
  40. [4.7]
    U.S. job market shows steady hiring gains with September report expected to add 140,000 jobs (theglobeandmail.com)
    11d 20h
    Source
  41. [4.3]
    Payrolls report expected to show slower job growth as Fed shifts focus to employment (seekingalpha.com)
    11d 21h
    Source
  42. [4.5]
    U.S. markets react as ports strike ends and oil prices rise (news.yahoo.com)
    11d 22h
    Source
  43. [4.2]
    Futures hold steady as investors await U.S. payroll data and monitor Middle East tensions (news.yahoo.com)
    11d 22h
    Source
  44. [4.4]
    Jobs report shows steady payroll gains but job seekers face tougher market (nbcnews.com)
    11d 23h
    Source
  45. [4.7]
    US job growth expected to remain moderate in September (news.yahoo.com)
    12d 4h
    Source
  46. [4.5]
    U.S. jobs report expected to show steady hiring gains in September (news.yahoo.com)
    12d 4h
    Source
  47. [4.4]
    US job growth expected to remain moderate in September (gazette.com)
    12d 4h
    Source
  48. [4.0]
    U.S. stocks decline as investors await jobs report and monitor Middle East conflict (economictimes.indiatimes.com)
    12d 6h
    Source
  49. [4.0]
    U.S. stock futures remain flat as traders await September jobs report (cnbc.com)
    12d 6h
    Source
  50. [4.4]
    Australian shares set to open lower as US jobs report looms (afr.com)
    12d 8h
    Source
  51. [3.8]
    Oil prices rise sharply on Middle East tensions as U.S. stocks retreat (postandcourier.com)
    12d 9h
    Source
  52. [4.3]
    Oil prices surge as Middle East tensions impact global markets (news.yahoo.com)
    12d 10h
    Source
  53. [4.1]
    Oil prices rise sharply on Middle East tensions as U.S. stocks retreat (latimes.com)
    12d 10h
    Source
  54. [3.9]
    Wall Street declines as oil prices rise amid Middle East tensions (smh.com.au)
    12d 10h
    Source
  55. [4.6]
    U.S. stock futures dip as Nvidia rises and Tesla falls ahead of jobs report (investors.com)
    12d 11h
    Source
  56. [3.9]
    Investors brace for September jobs report with focus on key job growth range (news.yahoo.com)
    12d 11h
    Source
  57. [3.9]
    U.S. stock indexes decline as oil prices rise amid Middle East tensions (insider.com)
    12d 12h
    Source
  58. [3.8]
    Stocks decline as investors react to jobless claims and services growth (kiplinger.com)
    12d 12h
    Source
  59. [4.6]
    September jobs report expected to show 150,000 payroll growth and steady unemployment rate (cnbc.com)
    12d 13h
    Source
  60. [4.2]
    Oil prices rise nearly 5% as Middle East tensions raise supply fears (khaleejtimes.com)
    12d 13h
    Source
  61. [4.2]
    US service sector activity hits 18-month high while employment slows (firstpost.com)
    12d 15h
    Source
  62. [3.8]
    Biden confirms US discussions on potential Israeli strikes against Iran oil facilities (zeenews.india.com)
    12d 15h
    Source
  63. [3.2]
    Crude oil prices rise over 4% as US services PMI is revised lower (benzinga.com)
    12d 16h
    Source
  64. [2.5]
    S&P/TSX composite drops nearly 100 points as U.S. markets also decline (thestar.com)
    12d 17h
    Source
  65. [4.9]
    US services sector activity hits 1-1/2-year high in September despite employment decline (economictimes.indiatimes.com)
    12d 18h
    Source
  66. [4.4]
    US services sector activity hits 1-1/2-year high while employment declines (news.yahoo.com)
    12d 18h
    Source
  67. [4.2]
    US services sector activity hits 1-1/2-year high while employment declines (gazette.com)
    12d 18h
    Source
  68. [3.9]
    Dow drops nearly 200 points as jobless claims rise and inflation fears grow (qz.com)
    12d 18h
    Source
  69. [3.1]
    US services sector shows strong growth in September as inflation pressures rise (zerohedge.com)
    12d 18h
    Source
  70. [4.0]
    Global stocks decline as oil prices rise on Middle East tensions (theglobeandmail.com)
    12d 20h
    Source
  71. [3.3]
    UK services PMI falls to three-month low in September at 52.4 (forexlive.com)
    13d 0h
    Source
  72. [5.1]
    Investor sentiment dips as Middle East tensions rise but Chinese stocks rally on stimulus (cnbc.com)
    13d 2h

    ScoresSource
  73. [3.3]
    Asian shares decline as yen weakens against dollar (news.yahoo.com)
    13d 2h
    Source
  74. [3.6]
    UAE energy minister praises OPEC+ for balancing oil market stability (tribune.com.pk)
    13d 4h
    Source
  75. [4.5]
    Escalating Iran-Israel conflict raises concerns for Indian markets and oil prices (livemint.com)
    13d 5h
    Source
  76. [4.5]
    S&P 500 closes nearly flat as investors await labor data and monitor Middle East tensions (economictimes.indiatimes.com)
    13d 6h
    Source
  77. [4.4]
    Oil market remains stable despite Middle East tensions and missile strikes (smh.com.au)
    13d 6h
    Source
  78. [3.8]
    Nikkei index rises 2.6% on dovish comments from Japan's PM and weaker yen (economictimes.indiatimes.com)
    13d 6h
    Source
  79. [3.7]
    Japanese stocks climb as yen weakens on fading rate hike expectations (news.yahoo.com)
    13d 6h
    Source
  80. [5.1]
    Investor sentiment shifts as Middle East tensions rise and China stimulus boosts stocks (cnbc.com)
    13d 7h

    ScoresSource
  81. [4.1]
    Oil prices rise as Middle East tensions escalate but supply outlook limits gains (economictimes.indiatimes.com)
    13d 7h
    Source
  82. [3.7]
    Japanese stocks gain as yen weakens following PM's comments (economictimes.indiatimes.com)
    13d 7h
    Source
  83. [3.8]
    Nikkei 225 rises 2.5% as yen weakens against dollar (cnbc.com)
    13d 8h
    Source
  84. [3.0]
    Japan's service sector grows for third month but confidence declines, PMI shows (news.yahoo.com)
    13d 8h
    Source
  85. [4.0]
    Japanese stocks set to rise as yen hits one-month low (news.yahoo.com)
    13d 9h
    Source
  86. [4.3]
    Wall Street holds steady as US job market shows strength and ASX set for flat start (smh.com.au)
    13d 11h
    Source
  87. [4.0]
    Stock indexes hold steady as oil prices rise amid Middle East tensions (hindustantimes.com)
    13d 11h
    Source
  88. [3.9]
    Oil markets remain stable despite rising Middle East tensions (hindustantimes.com)
    13d 12h
    Source
  89. [4.0]
    Oil prices rise sharply after Iran's missile attack on Israel (benzinga.com)
    13d 14h
    Source
  90. [3.7]
    Brent crude oil prices rise to $74.55 as Middle East tensions escalate (benzinga.com)
    13d 14h
    Source
  91. [4.4]
    Analysts expect recent oil price spike to be temporary (khaleejtimes.com)
    13d 15h
    Source
  92. [3.1]
    Crude oil prices rise despite increase in U.S. inventories (oilprice.com)
    13d 15h
    Source
  93. [4.7]
    Oil prices rise sharply as Middle East tensions escalate (news.yahoo.com)
    13d 16h
    Source
  94. [3.9]
    Oil prices rise as Middle East conflict concerns grow (forbes.com)
    13d 16h
    Source
  95. [4.5]
    Oil prices rise over 3% as tensions escalate in the Middle East (khaleejtimes.com)
    13d 17h
    Source
  96. [3.7]
    Iran on high alert as Israel threatens oil infrastructure after missile attack (express.co.uk)
    13d 18h
    Source
  97. [4.2]
    Oil prices climb as Iran launches missile strikes on Israel (news.yahoo.com)
    13d 20h
    Source
  98. [4.1]
    Oil prices rise after Iranian strike on Israel, experts warn of potential US gas price increase (abc30.com)
    13d 21h
    Source
  99. [4.0]
    Oil prices rise as tensions between Iran and Israel escalate (timesofindia.indiatimes.com)
    13d 21h
    Source
  100. [3.3]
    Saudi Arabia warns OPEC+ members of potential oil price drop to $50 per barrel (oilprice.com)
    13d 21h
    Source
  101. [4.9]
    Iran launches missile attack on Israel raising fears of wider conflict (seekingalpha.com)
    13d 22h
    Source
  102. [4.9]
    Oil prices rise over 2% as Middle East tensions escalate (theglobeandmail.com)
    13d 22h
    Source
  103. [4.2]
    Oil prices rise as fears of Middle East conflict grow (news.yahoo.com)
    14d 0h
    Source
  104. [4.2]
    Yale economist warns of market volatility from Middle East conflict and U.S. unemployment trends (cnbc.com)
    14d 1h
    Source
  105. [4.1]
    Hong Kong shares rise 5.7% as investor optimism grows while other Asian markets decline (news.yahoo.com)
    14d 1h
    Source
  106. [4.1]
    Nasdaq drops 1.5% as major tech stocks decline and market sentiment weakens (benzinga.com)
    14d 1h
    Source
  107. [3.5]
    UAE energy minister praises Opec+ for balancing oil market as prices rise (khaleejtimes.com)
    14d 1h
    Source
  108. [4.4]
    Oil prices expected to rise as Middle East tensions escalate (theconversation.com)
    14d 2h
    Source
  109. [4.3]
    US stocks drop as tensions rise in Middle East and traders seek safety (hindustantimes.com)
    14d 2h
    Source
  110. [3.9]
    U.S. stocks decline as geopolitical tensions and dockworker strike disrupt markets (cnbc.com)
    14d 2h
    Source
  111. [3.9]
    Oil prices rise as Middle East tensions escalate following Iran's missile attack on Israel (oilprice.com)
    14d 2h
    Source
  112. [3.6]
    Asian stocks decline as Iran launches missiles at Israel (telegraph.co.uk)
    14d 2h
    Source
  113. [5.1]
    Traders express concern over Middle East tensions as markets react (news.yahoo.com)
    14d 3h

    ScoresSource
  114. [4.7]
    Oil prices rise as Israel promises retaliation following Iran missile strike (hindustantimes.com)
    14d 3h
    Source
  115. [3.6]
    Iran missile attack on Israel drives oil prices up nearly 5% as tensions rise (zeenews.india.com)
    14d 3h
    Source
  116. [3.2]
    Tokyo shares decline while Hong Kong gains as Middle East tensions rise (news18.com)
    14d 3h
    Source
  117. [4.8]
    Oil prices rise as Middle East tensions escalate (economictimes.indiatimes.com)
    14d 4h
    Source
  118. [4.5]
    US stocks decline as Iran strikes Israel; defense and energy shares gain (economictimes.indiatimes.com)
    14d 4h
    Source
  119. [4.0]
    Asia stocks decline as Iran's missile strike raises regional conflict fears (economictimes.indiatimes.com)
    14d 4h
    Source
  120. [3.6]
    Nikkei index falls 1.6% as Middle East tensions escalate (economictimes.indiatimes.com)
    14d 4h
    Source
  121. [4.2]
    Investors react to market turbulence as Tesla, Amazon, Nike, Walmart, and Alibaba draw attention (benzinga.com)
    14d 5h
    Source
  122. [4.6]
    Oil analysts warn of supply disruptions after Iran's missile attack on Israel (cnbc.com)
    14d 6h
    Source
  123. [3.8]
    Asian stocks decline as oil prices rise on Middle East tensions (news.yahoo.com)
    14d 6h
    Source
  124. [4.8]
    Oil prices rise as Israel promises retaliation following Iran missile strike (news.yahoo.com)
    14d 8h
    Source
  125. [4.3]
    Iran missile strike raises concerns over US gas prices as oil prices jump 3% (abcnews.go.com)
    14d 8h
    Source
  126. [4.2]
    Middle East tensions drive Wall Street and global stocks lower while oil prices soar (firstpost.com)
    14d 8h
    Source
  127. [4.1]
    US stocks decline as oil prices rise amid Middle East tensions (smh.com.au)
    14d 8h
    Source
  128. [4.8]
    Oil prices surge as Iran strikes Israel, boosting safe-haven assets (news.yahoo.com)
    14d 9h
    Source
  129. [4.5]
    Oil prices climb over $1 as Middle East tensions escalate (news.yahoo.com)
    14d 9h
    Source
  130. [4.3]
    Oil prices rise as Iran launches missiles at Israel, US stocks decline (livemint.com)
    14d 9h
    Source
  131. [4.1]
    Oil prices surge following Iran's missile strike on Israel (nzherald.co.nz)
    14d 9h
    Source
  132. [4.9]
    Oil prices rise sharply after Iran missile attack raises supply concerns (ft.com)
    14d 10h
    Source
  133. [4.1]
    Stocks decline as investors seek safety after Iran strikes Israel (hindustantimes.com)
    14d 10h
    Source
  134. [3.8]
    Oil prices rise 4% as tensions escalate between Iran and Israel (timesofindia.indiatimes.com)
    14d 10h
    Source
  135. [4.5]
    U.S. stocks decline and oil prices rise after Iran's missile strike on Israel (postandcourier.com)
    14d 11h
    Source
  136. [4.3]
    Middle East tensions trigger investor flight to safety as U.S. stocks decline (news.yahoo.com)
    14d 11h
    Source
  137. [3.2]
    Oil prices rise sharply as geopolitical tensions escalate in the Middle East (zerohedge.com)
    14d 11h
    Source