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Stocks edge higher after data point to a cooling labor market

Por: Los Angeles Times Business September 02, 2023

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A choppy day of trading on Wall Street ended Friday with slight gains for stocks, as the market notched its second straight winning week. The market got a boost early on from a closely watched government report that showed U.S. job growth increased at a healthy but more moderate pace last month. The report supports investors’ hopes that the Federal Reserve will hold off on raising interest rates again even as it seeks to lower inflation. After... + full article



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