US stocks close higher as Treasury yields fall after weak jobs data

Defence Ministry clarifies only those born in 2007 chosen for new national service next year, but can defer until age 35

But what Palazzolo expects to happen is a steady deceleration in labour market gains and economic activity for the next six to nine months and, provided that happens it “should allow for the Fed to stay on hold at current levels,” he said.The Dow Jones Industrial Average rose 222.24 points, or 0.66 per cent, to 34,061.32, the S&P 500 gained 40.56 points, or 0.94 per cent, to 4,358.34 and the Nasdaq Composite added 184.09 points, or 1.38 per cent, to 13,478.28.

The small-cap Russell 2000 index outperformed large-cap indexes yesterday, closing up 2.7 per cent after touched its highest level since October 17. It boasted a weekly gain of 7.6 per cent, which was its biggest since February 2021. Of the 11 only the energy sector fell, ending down more than 1 per cent on the day as oil prices fell.

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