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Share Dow soars 700 points after December jobs and services activity reports boost hopes for Fed rate cuts

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Dow soars 700 points after December jobs and services activity reports boost hopes for Fed rate cuts

Jan 6 2023 by Business Insider

Traders work on the floor of the New York Stock Exchange (NYSE) on October 27, 2022 in New York City.

Spencer Platt/Getty Images

US stocks jumped Friday after December payrolls and services-sector data. The economic data showed signs of easing inflation, bolstering hopes the Fed will cut interest rates this year. The S&P 500 avoided a fifth consecutive weekly decline.

US stocks jumped Friday as investors embraced the December jobs report and services-sector data as signs the Federal...

Continue Reading Dow soars 700 points after December jobs and services activity reports boost hopes for Fed rate cuts

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Share Dow soars 700 points after December jobs and services activity reports boost hopes for Fed rate cuts

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Dow soars 700 points after December jobs and services activity reports boost hopes for Fed rate cuts

Jan 6 2023 by Business Insider

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