Nonfarm payrolls strengthen expectations of cooling employment, with the probability of the Federal Reserve holding rates steady in October rising to 83%.

智通财经2026/10/02 13:36

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The Non-Farm Payrolls data further reinforces the view that momentum in the US job market is cooling. According to CME's "FedWatch" tool, traders now estimate an 83% probability that the Federal Reserve will keep rates unchanged at its October meeting, up from 72% prior to the employment report release; the probability of a rate hike has dropped from 28% to 17%. Rate expectations have also cooled. Currently, federal funds rate futures pricing suggests that the market expects the Federal Reserve to raise rates by a cumulative 22.2 basis points by the end of 2026, down from 25.5 basis points before the data release.

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Tesla delivered 487,000 vehicles in the third quarter, exceeding Wall Street expectations by more than 20,000 units. According to data from the European Automobile Manufacturers Association, Tesla's new car registrations in the EU increased by approximately 53% year-on-year in August, with a cumulative increase of 66% in the first eight months of this year, as surging oil prices drive demand for electric vehicles in Europe. Following the announcement, Tesla shares rose 4.5% at the open.

华尔街见闻•2026/10/02 14:21