US stocks rise toward their record after the latest jobs report calms the rattled bond market
Asian stock markets are showing mixed results as a global bond sell-off intensifies. Investors are also awaiting upcoming U.S. jobs data.
NEW YORK (AP) — Some relief is returning to the rattled U.S. bond market after the latest jobs report cooled worries that a potentially hot economy could make inflation worse. The resulting drop in bond yields early Friday helped stocks jump back toward their all-time high. The S&P 500 rallied 0.9%. The Dow Jones Industrial […]
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