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U.S. Job Market Cools, Gold Retreats from Record Highs, and China Halts Soybean Purchases Amid Global Economic Shifts
Stock Market Newsยท 2025-10-09 00:38
Key TakeawaysThe U.S. labor market is showing significant signs of cooling, with online job postings falling sharply and alternative Wall Street data indicating a loss of steam, including a reported decline of 32,000 private-sector jobs last month.Gold prices have retreated from record highs near $4,000 an ounce due to profit-taking and a stronger dollar, after a "torrid rally" that saw the precious metal gain 47-50% this year, its strongest annual advance since 1979.U.S. soybean farmers are in "panic mode" ...