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Stocks Rally, Dollar Slides as Weak US Jobs Data Cools Fed Hike Bets

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Global stocks rallied and the dollar fell after a weak U.S.
  • jobs report reduced expectations of a Federal Reserve rate hike.
  • AI enthusiasm and strong earnings also supported equities, overshadowing geopolitical tensions in the Middle East.
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US100 price history

29368.44 +18.07% over the displayed period

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