▸ Wall Street stocks give up early gains after US jobs data revised lower
▸ Dollar moves higher but US government bonds sold by investors
▸ Paris stocks make modest gains as government collapse priced in
Wall Street stocks gave up early gains yesterday after revised data suggested that the world’s biggest economy was in a weaker position than investors had thought.
After rising at the open, the blue-chip S&P 500 index was 0.1 per cent lower by early afternoon in New York, as was the tech-heavy Nasdaq Composite index.
Revised figures from the Bureau of Labor Statistics showed that the US added 911,000 fewer jobs than previously stated in the year to March.
“These revisions suggest that jobs momentum is being lost from an even weaker position than originally thought,” said James Knightley, chief international economist at ING.
He added that “the poor numbers seen in 2025 are probably overstating the health of the employment market”.
Information
- Show
- FrequencyUpdated daily
- Published13 October 2025 at 23:00 UTC
- Length1 min
- Episode1
- RatingClean