By Sinéad Carew and Ankika Biswas (Reuters) – Wall Street’s main indexes all gained more than 2% on Friday after December payrolls expanded more than expected even as wage increases slowed[...]
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January 6, 2023
World stocks soar, investors pare rate bets after US jobs data
By Koh Gui Qing NEW YORK (Reuters) -Wall Street sparked a global rally in stocks on Friday after a crucial U.S. jobs report showed wage growth slowed in December, fuelling investor bets that inflation[...]
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U.S. job growth solid in December; wage growth slows
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy added jobs at a solid clip in December, pushing the unemployment rate back to a pre-pandemic low of 3.5% as the labor market remains tig[...]
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U.S. likely headed for economic ‘soft landing’ -White House’s Boushey
By Andrea Shalal WASHINGTON (Reuters) -The U.S. economy appears headed for a soft landing, with recent economic data pointing to an ongoing recovery, not a recession, White House economist Heather Bou[...]
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Mexico headline inflation seen speeding up in December, core index down: Reuters poll
MEXICO CITY (Reuters) – Mexico’s headline inflation likely accelerated in December after slowing its pace for two straight months, a Reuters poll showed Friday, reinforcing bets that monet[...]
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Dollar tumbles after U.S. jobs report, service sector contraction
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Friday after U.S. jobs data showed a strong, but not blockbuster employment picture in December, while a separate report showed that U.S[...]
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Oil settles flat, with weekly decline on recession worries
By Scott DiSavino NEW YORK (Reuters) -Oil prices were little changed on Friday as the market balanced a weaker U.S. dollar and mixed U.S. jobs reports, but both crude benchmarks ended the first week o[...]
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U.S. jobs report breathes life into Fed’s ‘soft landing’ scenario
By Howard Schneider and Ann Saphir NEW ORLEANS/SAN FRANCISCO (Reuters) – A jump in the workforce and easing wage growth suggests the U.S. job market is starting to move the way the Federal Reser[...]
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Stock swoon resets valuations but recession risk, rates cloud outlook
By Lewis Krauskopf NEW YORK (Reuters) – U.S. stocks are starting 2023 at much cheaper levels after Wall Street’s biggest swoon in 14 years but the potential for a recession combined with h[...]
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