Wall Street rallies after hiring shows welcome signs of cooling

by | May 4, 2024 | FEATURED, HEADLINE, Stocks

 NEW YORK — Wall Street capped a choppy week of trading Friday with the best day for the stock market in more than two months, as traders welcomed cooler-than-expected U.S. employment data as a sign that inflationary pressures on the economy are easing. The Standard & Poor’s 500 rose 1.3%, its best … 

 

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