Central BanksHigh impact
Cooling US jobs data buys the Fed and stock market more time
New Straits Times·13 hours ago·Global·1 min read
Source: New Straits Times
NEW YORK: A weaker-than-expected June jobs report has provided relief for US equities, easing concerns that a resilient labour market could force the US Federal Reserve to adopt a more hawkish stance on interest rates and weigh on technology stocks that have driven this year's market rally.
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