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US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes for easier rate policy

US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes for easier rate policy
Photo: KSTP 5 Eyewitness News (ABC) · view original

NEW YORK (AP) — Stocks rose on Wall Street Friday and Treasury yields fell after the government reported that employers unexpectedly cut 23,000 jobs last month. The S&P 500 rose 0.6% and is hovering around the record it set on Tuesday. The Dow Jones Industrial Average rose 138 points, or 0.3%, as...

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