US EditionWall Street rises after soft US employment report
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7 Articles
Wall Street stock indexes rose when it became clear to the market that the Supreme Court had not yet ruled on the legality of Donald Trump's tariffs.
Wall Street stock indexes rose when it became clear to the market that the Supreme Court had not yet ruled on the legality of Donald Trump's tariffs.
Wall Street Rises After Soft Jobs Report
Wall Street’s main indexes edged up on Friday after a weaker-than-expected jobs report kept bets on U.S. interest-rate cuts intact, while attention shifted to an upcoming Supreme Court ruling on President Donald Trump’s tariffs. A Labor Department report showed nonfarm payrolls increased 50,000 in December, compared with an estimated 60,000 rise, according to economists polled by Reuters. The unemployment rate dipped to 4.4%, slightly below the …
New York stock markets rose on Friday after a mixed close the previous day. Investors reacted to the key US government jobs report. The report showed that 50,000 jobs were added in the United States in December. This was slightly less than expected. The labor market situation plays a major role in the US central bank's interest rate decision.
Wall Street is up after a jobs report that was weaker than expected, but better than feared.
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