Wall Street Reacts to Strong Jobs Data, Raises Concerns about Delayed Rate Cuts
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#f780011f ver:0.78

Wall Street reacts to strong jobs data, raising concerns about delayed rate cuts. US stocks wobble as the May jobs report shows 272,000 jobs added, surpassing expectations. However, the unemployment rate ticks higher to 4.0%. Optimists see solid payroll growth, while pessimists focus on the uptick in unemployment. The report puts a dent in the narrative of an imminent interest rate cut by the Federal Reserve. #WallStreet #JobsData #RateCuts...

#newstr #UsStockMarket #JobsReport #InterestRates #Gamestop #RoaringKitty #Robinhood 

 https://here.news/story/f780011f?ver=0.78