"Strong Jobs Data Sparks Surge in US Stocks, Easing Interest Rate Concerns"

US stocks surged after the Job Openings and Labor Turnover Survey (JOLTS) showed a decline in job openings, easing wage pressures and potentially giving the Federal Reserve more flexibility with interest rates. The Nasdaq 100 and S&P 500 had their best performing day in August, with technology stocks leading the charge. Investors are now awaiting the August jobs report, which is expected to show a slowdown in job gains and further alleviate pressure on interest rates.