Categories: BUSINESS

US stock market today: Wall street trades mixed after job data release; Dow jumps 400 points, Nasdaq trades flat

Wall Street saw a mixed trading session as a weaker-than-expected US jobs report fueled hopes the Federal Reserve might pause interest rate hikes. The Dow and S&P 500 edged up, while the Nasdaq dipped. Investors are now betting on an 80% chance of the Fed holding rates steady, influenced by easing inflation concerns and falling oil prices. This sentiment also boosted cryptocurrency-linked stocks.
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