{
  "id": 11448497,
  "title": "Bredt Wall Street-hopp etter jobbtall",
  "url": "https://urgent.news/2026/10/02/bredt-wall-street-hopp-etter-jobbtall",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T13:31:12.000Z",
  "source": {
    "name": "E24 Norway",
    "slug": "e24-norway",
    "url": "https://e24.no/boers-og-finans/i/mKR5zl/bredt-wall-street-hopp-etter-jobbtall"
  },
  "original_language": "en",
  "account": "Bredt Wall Street moved after job figures were significantly weaker than expected. Nike stock fell over seven after the athletic footwear and apparel giant released first-quarter 2027 figures and guidance that disappointed investors. Nike continues to struggle with falling sales in China, where profits fell 26% from the same period last year. Short selling surged against the stock, sending it to a record high. Tesla stock rose over three percent after Elon Musk's electric vehicle giant delivered 486,532 cars in Q3, beating expectations of around 463,761 vehicles according to Bloomberg. The figures are particularly important for the Federal Reserve's interest rate decisions and provide a key indicator of how the world's largest economy is faring. Kyrre Aamdal, a senior economist at DNB Carnegie, notes that several parameters from the job figures are pointing in the same direction, including lower job growth than expected, a downward revision for the previous month, and higher unemployment. All of this points to a lower chance of interest rate hikes, he tells E24. Interest rates have fallen slightly after the stock drop. The yield on U.S. 10-year Treasury bonds fell to 5.18 percent, down from 5.22 percent before the news. The yield on 30-year Treasury bonds dropped to 5.57 percent from 5.59 percent, data from Infront shows. Kjetil Olsen, chief economist at Nordea, also sees the job figures as somewhat on the weak side. While the picture is still of a relatively stable labor market, he believes the U.S. central bank will interpret this as the labor market remaining stable. He thinks the job figures will make the market even less inclined to raise rates in October. The Fed can take its time.",
  "summary": "Nike-aksjen raser etter skuffende kvartalsrapport.",
  "key_points": [
    "Wall Street moved after weaker-than-expected job figures",
    "Nike stock fell over seven percent after disappointing Q1 2027 figures",
    "Tesla stock rose over three percent after beating Q3 delivery expectations"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}