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Market Impact: 0.62
Dow jumps 324 points as weak jobs data cools October Fed hike bets
Source: invezz.com
Economic DataMonetary PolicyInterest Rates & YieldsMarket Technicals & Flows
US equities rallied after a weaker-than-expected September jobs report increased expectations that the Federal Reserve will hold rates steady at its October meeting. The Dow Jones Industrial Average gained 324 points and the S&P 500 rose 0.79%, as softer labor data reinforced a less restrictive near-term policy outlook.
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