US Stocks Fall as May's Jobs Report Revises Down Rate Cut Outlook
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#275a7504 ver:1.71

US stocks fell as May's jobs report exceeded expectations, with 272k jobs added and a rise in unemployment to 4.0%. Strong wage growth revived inflation concerns, reducing the likelihood of a Fed rate cut. Chance of a rate cut in September dropped to 47% from 55%. Chief strategist Seema Shah expects a rate cut in September, but strong data could change that. #stocks #jobsreport #economy #Fed...

#newstr #UsStocks #MayJobsReport #FedInterestrateCut #UnemploymentRate #Inflation #CmeFedwatchTool #SeemaShah 

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