Jobs News Wall Street Jumps As Jobs Data Eases Slowdown Fears
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For Wall Street, pandemic-level bad news for jobs is good news for stocks—it pushes the Fed further into cutting territory
Wall Street is hoping for a Christmas miracle with a final interest rate cut from the Fed, bringing the base rate down to 3.5% to 3.75%, and recent jobs reports may just have sealed the deal.Investors ... Read More
Wall Street's 'fear gauge' jumps as stocks head for big day of blown gains
Wall Street's "fear gauge" jumped on Thursday, as investors digested the release of delayed jobs data from September while an earlier surge in AI plays fizzled. The Cboe Volatility Index was up more ... Read More
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