Sep 5, 2026 – 3.01amShares in New York drifted lower on Friday (Saturday AEST) after August’s US payrolls report came in stronger-than-expected, bolstering bets that the Federal Reserve could lift interest rates later this month.At 4pm in New York, the S&P 500 was down 0.4 per cent to 7718.36. Consumer discretionary led eight of the benchmark’s 11 industry sectors lower. ASX 200 futures ended the session down 1 point to 9002.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Wall Street slips after jobs data bolsters rate rise bets
The S&P 500 closed modestly lower with consumer discretionary leading losses in eight of the benchmark’s 11 industry sectors.
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