AP News·3 min read·medium
US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait
D
Damian J. Troise
✦AI Summary
US stocks rose on Friday following a report that employers cut 23,000 jobs, fueling investor optimism that the Federal Reserve may delay interest rate hikes. Major indices, including the S&P 500, saw gains as technology stocks led the market.
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