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US major indices close higher for the day. S&P snaps four week losing streak

The major US indices are closing higher for the day. The gains came despite strong and expected US jobs report and higher yields. Traders are hoping that the tame wage data and the unemployment rate remaining unchanged at 3.8% (expected 3.7%) will keep the Fed on hold. Next week we get key consumer price index data in the US released on Thursday.The final numbers are showing:Dow industrial average rose 288.01 points or 0.87% at 33407.59S&P index rose 50.31 points or 1.18% at 4308.49NASDAQ index... Read More

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Four

Week

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Streak

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Posted: Oct 6 2023, 20:13

Author Name: forexlive

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