Dollar drops, stocks climb as weak US jobs data eases rate fears
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Source: The Manila Times
Published: 2026-08-08 06:42 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Economy & Finance, Labour & Workers, World News, Business & Economy
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Snippet:
NEW YORK, United States — The dollar fell sharply Friday after the US economy shed thousands of jobs in July, an economic blow that lowered the risk of an interest rate hike by the Federal Reserve that could slow growth in the world's biggest economy.
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