Markets today: Stocks fall after pay data fuel hawkish Fed wagers

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Stocks joined losses in bonds after a report showing surprisingly high labour costs reinforced speculation the U.S. Federal Reserve will be in no rush to cut interest rates.

Markets today: Stocks fall after pay data fuel hawkish Fed wagersExxon Oil Traders in Belgium Protest Mandatory Move to LondonECB Shouldn’t Cut in Both June and July, Holzmann Tells PlatowWall Street Helps Build $15 Billion Pot of Blended FinanceBitcoin Faces Worst Month Since FTX Crash With ETF Demand CoolingUS Labor Costs Rise by Most in Year in Sign of Wage PressuresFirst 2024 Canada carbon rebates will be deposited today for some CanadiansThe big benefits of adopting a debt-free...

growth slowed sharply last quarter to 1.

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