By Benjamin Chiou
Date: Friday 01 Nov 2024
(Sharecast News) - US stocks rebounded on Friday while bond yields surged as a much lower-than-expected jobs report made life easier for the Federal Reserve to ease monetary policy next week.
The Dow finished 0.7% higher at 42,052.19 after three days of losses, while the S&P 500 gained 0.4% to 5,728.80...
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