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1786115099 us stocks

US stock market today: Wall Street rallies as 23,000 job cuts boost hopes of softer Fed policy

The weaker-than-expected employment report strengthened expectations that the Federal Reserve could have more room before increasing interest rates to curb inflation. US stock market today: Wall Street stocks traded higher on Friday morning, while Treasury yields declined after government data showed US employers unexpectedly eliminated 23,000 jobs last month.The S&P 500 advanced 0.4%, remaining close...
us job cuts

‘No hire, no fire’: US employers unexpectedly cut 23,000 jobs – sharp reversal for labour market

Although the unemployment rate of 4.1% marked the lowest level since June 2025, the decline was driven by a contraction in the labour force rather than stronger hiring. (Image for representative purpose only) US employers unexpectedly shed 23,000 jobs last month, while downward revisions by the Labor Department erased a further 103,000 positions from payroll...
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5 things to know before the stock market opens Friday

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. We got insight yesterday into cyclospora’s business impact from one of the companies most associated with lettuce: Sweetgreen. Shares of the salad chain are tanking in extended trading after it cut its full-year outlook, saying fears around the outbreak hurt...
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Jobs report July 2026:

The U.S. economy saw an unexpected declined in jobs during July while the unemployment rate edged lower, the Bureau of Labor Statistics reported Friday in a snapshot that showed a slowing employment picture. Nonfarm payrolls fell by a seasonally adjusted 23,000 for the month, compared to a downwardly revised 20,000 for June. The Dow Jones...
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