Revenue growth is also likely to remain in double digits, albeit slower, given the high base effect of the previous year’s June quarter. In addition, benign input costs will continue to support operating profitability.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of
October 2, 2026