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US stocks end at records as weak jobs data boost stimulus hopes | Money


Saturday, 08 May 2021 07:30 AM MYT
Economists had projected the economy would add a million positions as vaccines and government stimulus measures allow business to return to normal in the world’s largest economy. Reuters pic
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NEW YORK, May 8 Wall Street indices ended at fresh records yesterday, while the dollar tumbled after disappointing US jobs data fuelled confidence of continued fiscal and monetary support as the economy recovers from Covid-19.
Economists had projected the economy would add a million positions as vaccines and government stimulus measures allow business to return to normal in the world’s largest economy. ....

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US Stocks End At Records As Weak Jobs Data Boost Stimulus Hopes


US Stocks End At Records As Weak Jobs Data Boost Stimulus Hopes
By John BIERS
05/07/21 AT 5:49 PM
Wall Street indices ended at fresh records Friday, while the dollar tumbled after disappointing US jobs data fueled confidence of continued fiscal and monetary support as the economy recovers from Covid-19.
Economists had projected the economy would add a million positions as vaccines and government stimulus measures allow business to return to normal in the world s largest economy.
But the United States added only 266,000 jobs, and the March increase was revised lower, while the unemployment rate rose slightly to 6.1 percent, the Labor Department reported. ....

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S&P 500 изтри силния старт на месеца, а Nasdaq записа най-лошия си ден от март:: Investor.bg

S&P 500 изтри силния старт на месеца, а Nasdaq записа най-лошия си ден от март:: Investor.bg
investor.bg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investor.bg Daily Mail and Mail on Sunday newspapers.

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