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Wall Street Closes Higher After Disappointing Jobs Report, ASX Set to Gain
Traders cut odds of an October Federal Reserve rate hike to less than 23% after employers added 29,000 jobs, CME Group data showed.
Summary by ABC Australia
6 Articles
6 Articles
Wall Street closes higher after disappointing jobs report, ASX set to gain
Wall Street's key indices gained as rate rise expectations were wound back on soft jobs data. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
·Ultimo, Australia
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Sydney Morning Herald+3 Reposted by 3 other sources
ASX set to rise, Wall Street climbs as jobs report eases worries about inflation
Wall Street indexes climbed near their all-time high after the latest update on the US job market cooled worries that a potentially hot US economy could make inflation much worse.
·North Sydney, Australia
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Coverage Details
Total News Sources6
Leaning Left4Leaning Right0Center1Last UpdatedBias Distribution80% Left
Bias Distribution
- 80% of the sources lean Left
80% Left
L 80%
C 20%
Factuality
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