Stocks rally for second week in a row

“Friday's highly anticipatedshow a surprise rise in US unemployment to 3.8% while wage growth rose less than expected and payrolls rose by more. This suggests that labour market conditions are easing in the US, cementing expectations that the Fed won't hike its

in September. Stock indices rally for the second week in a row, while yields come off their August peaks and the US dollar continues on its upward trajectory."symposium and this week's US growth, inflation, employment data and China's various stimuli out of the way, next week begins on a quieter footing with many markets shut on Labor Day.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks Keep Up Summer Rally Ahead of Inflation DataBroad index sees largest four-day advance since April.
Source: WSJ - 🏆 98. / 63 Read more »

Pot stocks rally after health officials ask DEA to reclassify marijuana as lower-risk drugAssistant Secretary for Health Rachel Levine reportedly requested in a letter to DEA Administrator Anne Milgram that marijuana be downgraded to a schedule III substance.
Source: FoxBusiness - 🏆 458. / 53 Read more »

U.S. stocks rally as August unemployment rate rise seen keeping Fed on holdU.S. stocks rise Friday after the August jobs report underlines market expectations the Fed will leave rates unchanged.
Source: MarketWatch - 🏆 3. / 97 Read more »