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2024-06-08 00:01:09

Top AI Stocks to Consider Instead of Palantir on Nostr: Wall Street Stocks Close Slightly Lower as Strong Jobs Data Raises Concerns about ...

Wall Street Stocks Close Slightly Lower as Strong Jobs Data Raises Concerns about Delayed Rate Cuts
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#f780011f ver:0.81

Wall Street stocks closed slightly lower as strong jobs data raised concerns about delayed rate cuts. The May jobs report revealed that the US economy added 272,000 jobs, surpassing expectations, but also saw the unemployment rate tick higher to 4.0%. This mixed interpretation of the data led to uncertainty about the Federal Reserve's interest rate cuts, disappointing some investors. The stock market recovered from earlier losses in afternoon trading. #StockMarket #JobsReport #FederalReserve #InterestRates...

#newstr #UsStockMarket #MayJobsReport #FedInterestrateCut #WallStreet #S&p500 #DowJones #Nasdaq #Gamestop #RoaringKitty #MemeStocks #Nvidia #Lyft

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