US stock market today: Wall Street rallies as 23,000 job cuts boost hopes of softer Fed policy

How each outlet headlined it

• The Times of India right

  US stock market today: Wall Street rallies as 23,000 job cuts boost hopes of softer Fed policy
• Bloomberg center

  US Treasuries rallied after data showed employers unexpectedly cut jobs in July, suggesting labor market challenges that could impact the Federal Reserve’s willingness to raise interest rates. The yield on two-year US Treasuries, which are sensitive to near-term moves in Fed monetary policy, fell as much as nine basis points on Friday to 4.15% as traders cut bets on interest-rate hikes in the coming months. The moves were pared later in the New York trading session as oil rose, though the two-ye
• The Boston Globe left

  US job market stalled in July as employers cut 23,000 jobs, delivering political setback to Trump
• thestreet.com center

  Stock market hits records as Fed removes key safety net
• Investor's Business Daily right

  The stock market, including the Dow Jones index, rallies after a weak jobs report. Palantir stock soars. CPI inflation data is on deck. The post Stock Market Gains After Weak Jobs Report Triggers This Shift; CPI Inflation Data Looms appeared first on Investor's Business Daily.