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Markets extend gains, dollar dips as US data fans rate cut hopes

By Inquirer - 3 days ago
Updated on July 4, 2024 at 3:58 p.m. Equities rose and the dollar slipped further on Thursday as investors welcomed more data pointing to a softening labor market that gives the Federal Reserve room to cut interest rates, with another key jobs report due later in the day. The advances tracked another record on Wall

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