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Topic: dow

The Charging Bull statue in Manhattan's financial district
New Markets
Thursday, 7/2, 10:44 PM

Dow Hits a Record as a Weak Jobs Report Eases Rate-Hike Fears

  • The Dow Jones Industrial Average closed at a record 52,900 on Thursday, up nearly 600 points, even as the June jobs report showed the weakest hiring in years.
  • The logic was 'bad news is good news': a softer labor market makes another Federal Reserve rate hike less likely.

dow — news and stories on this topic

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