Rita NazarethAug 8, 2026 – 4.03amA sharp slowdown in the US jobs market drove stocks higher while bond yields fell on speculation the Federal Reserve won’t be forced to raise interest rates any time soon.Those bets revived the appetite for riskier corners of the market, with the S&P 500 rising toward a record and set for its best week since April. The Nasdaq Composite added 1 per cent at 2pm in New York.BloombergSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
S&P 500 reaches for a record as jobs data eases rate rise bets
Atlassian surges 35 per cent helping to revive software stocks. The Nasdaq Composite had added 1 per cent as of 2pm in New York.
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