Dow Jones futures continued to fall. Most recently, it fell more than 300 points after the US released higher-than-expected non-farm payrolls numbers. This will be a factor that supports the US Federal Reserve (Fed) to accelerate further increases in interest rates.
At 8:03 pm Thai time, the Dow Jones Industrial Average fell 311 points or 1.04% to 29,671 points.
The US Labor Department said non-farm payrolls increased by 263,000 in September. It was above analysts’ estimates of 250,000, but below August’s 315,000.
The unemployment rate fell to 3.5% from 3.7 per cent in August.
Investors see that Higher than expected employment figures And the unemployment rate fell to 3.5% in September, indicating strength in the US labor market. And it will be a factor that supports the Fed to accelerate further increases in interest rates.
The market was also under pressure as US Treasury yields jumped as soon as the employment report was released.
