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European Stock Markets React to Rising Bond Yields, Geopolitical Tensions, and Anticipation of US GDP Figures /
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2024-06-04 03:01:45

European Stock Markets React to Rising Bond Yields, Geopolitical Tensions, and Anticipation of US GDP Figures on Nostr: Bank of America Outlines Perfect Scenario for Stocks After May Jobs Report ...

Bank of America Outlines Perfect Scenario for Stocks After May Jobs Report
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#587d95f3 ver:0.62

Bank of America predicts that the May jobs report will fall within the "Goldilocks range" of 125,000-175,000 new jobs added, giving the Federal Reserve flexibility to cut interest rates. A reading below 125,000 could lead to a sell-off, while a report above the range would be positive for stocks and signal stronger economic growth. The report is set to be released on Friday. #jobsreport #economy #interestrates #stockmarket...

#newstr #WallStreet #MayJobsReport #BankOfAmerica #FederalReserve #StockMarket #EconomicData

https://here.news/story/587d95f3?ver=0.62
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