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Us Labor Data

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markets5 days ago

Weak U.S. Jobs Data Triggers Asian Stock Rally, Led by Japan's Nikkei Surge

Asian equities rose on Monday, October 5, 2026, as softer U.S. September employment data reduced expectations for a Federal Reserve rate hike. Japan’s Nikkei 225 jumped 2.5% to 69,986, while the TOPIX gained 1.4%. The rally was driven by technology shares and lower bond yields, following a record close for the Nasdaq 100. Oil prices retreated after initial gains linked to Yemen conflict, settling around $101.60 per barrel.