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nonfarm payroll

  • US employment up after disappointment last month as interest rate cut awaits

    Markets

    A key indicator for the health of the US economy has come in at a disappointingly stagnant rate, as experts mull over whether it could tip the balance of a recession, or impact the recent indication of interest rate cuts. The US Bureau of Labor Statistics released in monthly figures this afternoon, showing the number [...]

    The S&P 500 climbed 0.9 per cent to close to an all-time high after the jobs report.

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