investingLive Americas FX news wrap 2 Oct: Nasdaq 100 closes at a record after soft US jobs; Treasury yields reverse higher

The US employment report gave stock buyers something to cheer about on Friday. Payroll growth missed expectations, earlier months were revised lower and wage growth slowed. The initial reaction was lower Treasury yields, a weaker dollar and higher stocks as traders reduced expectations for another October Fed hike. However, the bond market did not hold that…