Strong Jobs Report Sparks Stock Volatility as Investors Worry About More Rate Hikes
-
Strong US jobs report leads to stock market selloff and volatility as investors worry about more Fed rate hikes
-
336,000 jobs added in September, higher than expected, but wage growth was moderate
-
Rebound in stocks as some see report as sign of economic strength, not recession
-
Strategists say report puts more rate hikes on table for Fed, but economy may avoid hard landing
-
Jobs data cements case for more Fed hikes this year and delays eventual rate cuts, rattling markets wanting soft landing