US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait

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Source: The Manila Times
Published: 2026-08-08 14:08 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Politics, Financial Markets, Labour & Workers, Business & Economy
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Snippet:
NEW YORK — Stocks rose on Wall Street Friday and Treasury yields fell after the government reported that employers unexpectedly cut 23,000 jobs last month.
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