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Market Impact: 0.3
Nasdaq rises as markets recover from Fed-driven selloff
Source: proactiveinvestors.com
Economic DataLabor Market
U.S. initial jobless claims fell to a six-week low of 196,000, below the 207,000 consensus estimate. The lower-than-expected reading signals continued labor-market resilience and may modestly support expectations for economic growth while reducing urgency for near-term monetary easing.
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