Why Friday's May jobs report could trip up stocks
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The May jobs report, set to be released on Friday, is expected to have a significant impact on the stock market. Investors are concerned that a strong jobs report could lead to higher interest rates, which could negatively affect stocks. On the other hand, a weak jobs report could raise concerns about the state of the economy. The report will provide key data on job growth, unemployment rate, and wage growth, which will be closely watched by market participants. The stock market has been volatile in recent weeks, and the jobs report could add to the uncertainty and potentially trigger a sell-off. Overall, the release of the May jobs report is anticipated to be a crucial event for the stock market.
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https://www.marketwatch.com/livecoverage/stock-market-today-dow-futures-steady-while-gamestop-surges-after-losing-week/card/why-friday-s-may-jobs-report-could-trip-up-stocks-X9pUMEAnqunBVOHOwXoT
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