Jobs Report
4 stories
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cryptoStrong Jobs Report Revives Fed Rate Hike Bets for 2026
US economy adds 172,000 jobs, doubling expectations and shifting Fed policy speculation from cuts to potential hikes by December 2026.
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worldNASDAQ Suffers Record Point Drop; S&P 500 Loses $1.8 Trillion
A surprise surge in May payrolls crushed rate-cut hopes, triggering a massive tech selloff and $1.8T market cap loss.
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financeWall Street Slumps as Tech Stocks Lead Market Selloff
Tech-heavy Nasdaq drops 4%, S&P 500 down 2.6% after strong jobs report raises Fed rate fears.
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financeUS Jobs Surge in May: 172,000 Added, Unemployment Holds at 4.3%
The US added 172,000 jobs in May, far exceeding expectations. Unemployment held steady at 4.3%, signaling economic resilience amid persistent inflation.