Wall Street Gains as Weak Jobs Data Boosts Odds of December Rate Cut

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Source: Fortune
Wall Street Gains as Weak Jobs Data Boosts Odds of December Rate Cut
Photo: Fortune
TL;DR Summary

Stocks rose on Wall Street amid positive earnings reports and economic data suggesting a weakening job market, which could influence the Federal Reserve's decision on interest rate cuts in December, with investors betting that a softer labor market might prompt more easing.

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