Finance3h ago
Yields, dollar rise, stocks ease after solid US jobs report
US job growth data boosted Federal Reserve rate hike expectations. Treasury yields and the dollar strengthened after the positive jobs report. Major US stock indexes and global stocks experienced a broad selloff. Oil prices rose due to renewed attacks in the US-Iran war. Investors now await inflation data before the Fed's September decision.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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