Hit9/7/2026 submittedRevised 1× · last Sep 8, 2026, 12:07 PM UTC
Revision history
- Version 1Downreplaced Sep 8, 2026, 12:07 PM UTC
Friday's "strong jobs report reinforces the likelihood of aggressive Federal Reserve policies," pushing the 10-year yield to 4.78% and the dollar firmer (CNBC/Trading Economics). Rising yields are a direct headwind for the broad S&P, and with a CPI print due Sept 11 traders tend to stay cautious, so I lean down on the next session versus Friday's soft 708 close.