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Stay informed with the latest developments in the financial markets.

US Stocks Rise as Job Report Eases Inflation Fears

US stock markets rose after a job report showed a slowdown in hiring, easing fears of inflation and reducing expectations of an imminent interest rate hike by the Federal Reserve. The S&P 500 gained 0.7%, closing at 7,722.72, near its all-time high.

Nvidia Increases Share Buyback Program by $150 Billion

Nvidia's board approved a $150 billion expansion to its share buyback program, increasing the total authorization to $235 billion. This move reflects the company's strong financial position and confidence in long-term growth, particularly in AI and accelerated computing.

US Treasury Yields Rise After Weak Jobs Report

US Treasury yields reversed their initial decline following a weaker-than-expected jobs report, with the 10-year yield rising to 5.281%. The report showed only 29,000 jobs added in September, below expectations of 90,000, leading to fluctuating investor reactions.