Stocks Higher as Calm Returns
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Description
Major stock indexes appeared to shift focus back to the US and the looming jobs report a day after Middle-East-linked concerns triggered a drop.
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Stocks soared on monster September jobs growth, though the same data sent odds of a 50-basis point rate cut next month to zero in futures trading. Inflation data ahead next week.
Published 10/04/24
Published 10/04/24
Conflict in the Middle East and potential concerns about the port strike are weighing on markets ahead of key payrolls report.
Published 10/03/24