Stock Market Rises After Jobs Report Revives Investors’ Hopes for a Rate Cut
A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon. [Source]
Publication Date:Origin: nytimes.com
Category: Banking and Financial Institutions
Topics: rates, Reserve, Federal, expectations, investors’, rekindling, Street, shifted, April, report, cooler-than-expected, Hopes, Investors’, Revives, Report, After, Rises, Market, Stock
Source: https://www.nytimes.com/2024/05/03/business/jobs-report-april-market-reaction.html