US stocks jump on Fed rate cut bets but lose ground on the week

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The Sunday Guardian India 1h

US stocks jump on Fed rate cut bets but lose ground on the week

19 By Stephen Culp NEW YORK (Reuters) -Wall Street stocks closed sharply higher on Friday as rising expectations of a December interest rate cut by the Federal Reserve offset concerns over lofty tech valuations. A broad rally started gathering momentum by late morning, pushing all three major U.S. »»»

Channel News Asia Malesia 20.11. 23:00

US stocks end lower, Treasury yields slide amid revived valuation concerns, Fed uncertainty

NEW YORK :Wall Street reversed early gains on Thursday as a mixed employment report diminished hopes for further easing by the Federal Reserve this year and as worries resurfaced over inflated tech valuations, unassuaged by Nvidia's better-than-expected earnings report. All three major U.S. stock i»»»

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