Stock Market Gains as Rate Cut Hopes Rise Amid Mixed Economic Data
TL;DR Summary
Stock market ETFs SPY and QQQ rose as investors anticipated a rate cut, despite disappointing jobs data, indicating optimism about monetary policy easing.
- Stock Market News Review: SPY, QQQ Accelerate on Rate Cut Hopes, Shrugging Off Disappointing Jobs Data TipRanks
- Stock market today: Dow, S&P 500, Nasdaq futures waver as signs of labor market strain boost rate-cut bets Yahoo Finance
- CNBC Daily Open: Investors bet on Fed cuts, but labor data cuts deeper CNBC
- Global bonds rally after poor US economic data Financial Times
- JOLTS Data Bringing The Buyers Mortgage News Daily
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