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ru24.net
News in English
Июль
2023

Markets dip on positive jobs data, which raises new fears of Fed interest rate hikes

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MANHATTAN (CN) - Disparate job reports this week caused investors to cautiously retreat from last week's rally, as Wall Street worries the Federal Reserve may resume its process of hiking rates later this month.

Failing to compound last week's gains, all three equities dropped earlier in the week, though they reclaimed some ground on Friday. By the week's closing, the Dow Jones Industrial Average declined 64




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