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Nasdaq, S&P 500 suffer worst day of year as AI stocks tumble and Fed rate-hike odds rise
...when bond prices fall, jumped higher. The 10-year yield, which influences the mortgage rates, rose to 4.54%. Higher Treasury yields can put pressure on stocks.
In another sign of the risk-off......
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Is the labor market bouncing back? What the latest jobs report says about the US economy.
U.S. employers added 172,000 jobs in May, and the unemployment rate was steady at 4.3%, the Labor Department said June 5, additional confirmation of an economy that continues to deliver positive......
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The US economy added a stronger-than-expected 172,000 jobs last month
Summary
The labor market may be emerging from a prolonged slowdown, with three straight months of job gains above 100,000 expected.
The labor market is undergoing complex changes driven by......
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