✉news BusinessMarkets first seen 21 h ago, last 2 h ago, peak #3
US stocks climb near record highs after jobs report
Original: US stocks rise near their record after the latest jobs report eases worries about inflation
US stock indexes rose close to their record levels after the latest jobs report eased concerns about inflation. The employment data suggested the labor market is cooling enough to reduce price pressures without signaling a sharp downturn, reassuring investors betting on a softer landing for the economy.
Why now: The new jobs report shifted market expectations about inflation and interest rates, moving stocks near record levels.
US stock marketFederal Reserve
Rank over time, top of the chart is #1. 14 snapshots from 21 h ago to 2 h ago.
Evidence
- US stocks rise near their record after the latest jobs report eases worries about inflation · The Washington Post
- US stocks rise near their record after the latest jobs report eases worries about inflation · LancasterOnline
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