Stocks and Bonds Rise as Weak Jobs Fuel Fed Bets: Markets Wrap
Stocks and bonds rose as weak labor data increased expectations for a Federal Reserve rate cut in September. This optimism halted a two-day decline in stocks, particularly benefiting big tech companies.
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Stocks and bonds rose as weak labor data increased expectations for a Federal Reserve rate cut in September. This optimism halted a two-day decline in stocks, particularly benefiting big tech companies.
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