The three major New York stock market indexes all fell due to strong U.S. employment indicators.

(New York = Yonhap News) Correspondent Kim Yeon-sook = On the 4th (local time), the three major indices of the U.S. New York stock market fell simultaneously.

The increase in non-agricultural jobs in the United States in August, which was announced on this day, greatly exceeded expectations, which can be interpreted as a result of increased caution about the Federal Reserve's interest rate hike.

The Dow Jones Industrial Average ended trading at 53,414.25, down 271.86 points (0.51%) from the previous day.

The Standard & Poor's (S&P) 500 index closed at 7,718.60, down 29.11 points (0.38%) from the previous day, and the Nasdaq Composite Index, centered on technology stocks, closed at 26,506.99, down 77.07 points (0.29%) from the previous day.

The U.S. Department of Labor reported that non-farm payrolls increased by 162,000 in August compared to the previous month. This is the largest increase in five months and is nearly three times higher than experts' forecasts.

The employment indicator, which exceeded market expectations, shows the robustness of the U.S. economy, while also raising market expectations that the Federal Reserve may raise interest rates at this month's Federal Open Market Committee (FOMC).

Meanwhile, US President Donald Trump has further increased the level of pressure on the Federal Reserve. President Trump wrote on Truth Social that if interest rates are not lowered, the United States will stop trading with countries running deficits.

In a Q&A with reporters, he also said that the interest rate in the United States should be 1% or 0.5%.

The interest rate on U.S. two-year maturity Treasury bonds, which reacts sensitively to monetary policy, rose after the index was announced and stood at 4.379%, up 4.7bp (1bp = 0.01% point) from the battlefield as of 3 p.m. Eastern time.

The interest rate on 10-year U.S. Treasury bonds, the global bond market benchmark, rose 2.2 basis points to 4.783%. According to the Chicago Mercantile Exchange (CME) FedWatch, the federal funds rate (FFR) futures market reflected the probability of an interest rate increase in September at 58.4%. This figure is a 9.0% increase from the previous day.

The dollar index, which shows the value of the dollar against six major currencies, rose 0.21% to 99.17.

As downward pressure was applied to all risk assets, the price of Bitcoin, which had recently exceeded the $80,000 level, was once pushed down to the $78,000 range, showing weakness across virtual currencies.

International oil prices rose as concerns increased about supply disruptions due to clashes between Yemeni government forces and rebels in the Bab el-Mandeb Strait, a maritime logistics hub connecting the Red Sea and the Gulf of Aden.

Brent crude oil futures for November delivery ended at $96.28 per barrel, up 0.80% from the previous trading session, and U.S. West Texas Intermediate (WTI) futures for October delivery closed at $91.48, up 0.20% from the previous trading session.

Now the market's attention is focused on the August consumer price index (CPI).

While employment indicators have once again highlighted the possibility of the Federal Reserve's interest rate hike, there are predictions that price indicators will become a key variable in determining the direction of the Federal Reserve's future monetary policy.