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US close: Stocks slip as payroll data underwhelms

US stocks slipped on Friday after key labour-market indicators came in stronger than forecasts, cementing expectations that the Federal Reserve will hold interest rates steady for longer in an effort to tame economic growth and fight inflationary risks.

US close: Stocks slip as payroll data underwhelms

(Sharecast News) - US stocks slipped on Friday after key labour-market indicators came in stronger than forecasts, cementing expectations that the Federal Reserve will hold interest rates steady for longer in an effort to tame economic growth and fight in

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