Most U.S. stocks climb toward the finish of a winning week, but drops for tech keep indexes mixed
• Most U.S. stocks climbed toward the end of a winning week, though tech sector declines left overall market indexes mixed. • The rally followed a government report showing employers added 57,000 jobs last month, significantly missing the 100,000 expected by economists. • This hiring slowdown, coupled with easing Treasury yields, suggests the Federal Reserve may face less pressure to implement further interest rate hikes.
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