Summary
U.S. private employers added 99,000 jobs in August, the lowest reading since January 2021. The outcome fell short of the predicted 140,000, highlighting a cooling in labor market conditions. Challenger Job Report recorded 75,891 job cuts in August — a sharp 193% increase from the 25,885 cuts in July.
IShares 20+ Year Treasury Bond ETF TLT was 0.3% higher at 9:00 a.m. in New York. U.S. major indices are set to open slightly in the red.
