The U.S. jobs market just took a turn for the worse. Or did it?
Published . Updated .
The bottom didn’t drop out of the labor market after a poor September U.S. jobs report. But what it did show is hiring is slow and it’s a tough time to find work.
Directly affected
- No company is named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
- SHY iShares 1-3 Year Treasury Bond
Short-term bonds move when the Fed changes rates
- SPY SPDR S&P 500
Stocks move when the Fed changes the rate path
- JPM JPMorgan Chase
Bank profits move with lending and interest rates
- BAC Bank of America
Bank profits move with lending and interest rates
- GS Goldman Sachs
Bank profits move with lending and interest rates
- XLF Financial Select Sector SPDR
A fund of financial companies
- KRE SPDR S&P Regional Banking
Regional banks are sensitive to interest rates
- FAS DIREXION DAILY FINANCIAL BULL 3X ETF
GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
The bottom didn’t drop out of the labor market after a poor September U.S. jobs report. But what it did show is hiring is slow and it’s a tough time to find work.
Source: MarketWatch
The price since 3 Oct 2026: Direxion Daily Financial Bull 3X Etf (FAS) versus the S&P 500
Since the first closing price after “The U.S. jobs market just took a turn for the worse. Or did it?,” Direxion Daily Financial Bull 3X Etf (FAS) is +6.28%. The S&P 500 fund (SPY) is -1.08% over the same days, a +7.36% difference versus the market.
Who gains and who loses around Direxion Daily Financial Bull 3X Etf (FAS)
Companies tied to this story
- FAS Direxion Daily Financial Bull 3X Etf
Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence in the 3 Oct 2026 story “The U.S. jobs market just took a turn for the worse. Or did it?.” Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Direxion Daily Financial Bull 3X Etf (FAS)
Direxion Daily Financial Bull 3X Etf (FAS) is the company in “The U.S. jobs market just took a turn for the worse. Or did it?,” the 3 Oct 2026 this story story.
The link for Direxion Daily Financial Bull 3X Etf (FAS) is this: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
The price range for Direxion Daily Financial Bull 3X Etf (FAS), and the dates in the story
FAS traded between 136.16 and 161.95 across 20 sessions. The latest close on file is 152.93.
What the saved facts support for Direxion Daily Financial Bull 3X Etf (FAS)
14 out of 100
“The U.S. jobs market just took a turn for the worse. Or did it?” scores 14 out of 100. The score uses 1 sources, and 1 linked companies.