US Markets React to Weak Job Data with Losses - Rate cut Speculations Rise - Software Industry and Young Workers Feel the Effects of AI Adoption - DAX Slides into the Reds - Hope for Steel Summit Boosts Thyssenkrupp and Salzgitter - Broadcom Impresses with Strong AI Business and a new Billion-Dollar Order - Samsara Thrives with Strong Demand for AI-Driven Platform Solutions - Braze Significantly Raises the Forecast

Labor market cooldown intensifies rate cut speculations - US markets decline following weak job data The latest labor market statistics from the United States triggered a significant market reaction on Friday, interpreting weak employment figures paradoxically as positive signals for rate cuts. The labor market report for August shows a slowdown with only 22,000 new jobs created, while corrections to the previous month’s data total a downward revision of 21,000 jobs. The unemployment rate rose to 4.3%, the highest level since the end of...