The Business Times·3 min read·medium
S&P closes at record high as soft jobs report eases rate-hike concerns
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The Business Times
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The S&P 500 reached a record high as a weaker-than-expected jobs report reduced market expectations for a Federal Reserve interest rate hike. Investors are balancing concerns over slowing growth against strong corporate earnings.
Nonfarm payrolls drop by 23,000 jobs in July, below estimates, US Labour Department says
businesseconomy
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