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

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.
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
3 min
vs 3 min read
Condensed
93%
567 → 42 words
Want the full story? Read the original article
Read on Fortune