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07 Jun 2023

Stocks rally after May jobs report tops expectations: Stock market news today June 2, 2023

Stocks rally after May jobs report tops expectations: Stock market news today June 2, 2023#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto To get the latest markets news check out finance.yahoo.com Stocks surged higher on Friday after a strong May jobs report and news late Thursday that the Senate passed the debt ceiling bill, easing fears over a US debt default and a marked slowdown in the economy. The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) rose above 1% while the Dow Jones Industrial Average (^DJI) rallied more than 2%. The US economy added 339,000 nonfarm payroll jobs last month while the unemployment rate rose to 3.7%, data from the Bureau of Labor Statistics showed Friday. This marks the 14th straight month that job creation came in above what Wall Street

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