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Global Stocks Dip as Treasury Yields Surge Ahead of Key Inflation Report

A global equities gauge fell as U.S. Treasury yields rose following three weak government debt auctions, stoking investor concerns about higher interest rates ahead of a crucial U.S. inflation report. The dollar index climbed, and major financial indexes closed lower due to worries about persistently high inflation and elevated interest rates.

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Wall St gains as jobless claims data reinforce rate-cut hopes By Reuters

Wall St gains as jobless claims data reinforce rate-cut hopes By Reuters
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Wall St climbs after jobless claims data spurs rate-cut bets

Wall St climbs after jobless claims data spurs rate-cut bets
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Stock market today: Wall Street rallies after hiring shows welcome signs of cooling

Stocks closed sharply higher on Wall Street, erasing their losses for the week, after the government reported a cooldown in hiring last month. For markets that was a welcome sign

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Stock market today (May 4, 2024): Wall Street rallies after hiring shows welcome signs of cooling | ALEX VEIGA and DAMIAN J TROISE / AP Business Writers

Wall Street capped a choppy week of trading Friday with the best day for the stock market in over two months, as traders welcomed cooler-than-expected U.S. employment data as a sign that inflationary pressures on the economy are easing. The S&P 500 rose 1.3%, its best day since late February.…

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