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US stocks moved lower on Friday after a hotter-than-expected May jobs report sent bond yields surging. Despite the strong jobs report, the unemployment rate rose to 4.0% from 3.9%, driven by a decline in labor participation. The strong payroll gains poured some cold water on the prospects of an imminent interest rate cut from the Federal Reserve, though chances for a rate cut in September remain in play.

While the main indexes made modest moves after this morning's hotter-than-expected payrolls data, GameStop took a notable dive.

Crude oil rebounds as hopes for a Fed rate cut outweigh concerns about demand, while Treasury yields fall on weak job data.

A soft landing is here or in sight, depending on who you ask, based on inflation data, jobs data, and other kinds of data.

We recently compiled the list of the 13 Best Quality Stocks To Buy according to the hedge funds using the latest sentiment data.