Wall Street Recovers After Weak Labor Market Data - Fed Governor Christopher Waller Announces Rate Cuts This Month - DAX Returns to the 100-Day Line - PVA Tepla Benefits from Positive Reviews - Galaxy Digital with Solana Blockchain Version of its Nasdaq-Listed Shares - Alphabet Rises After US Court Eases Antitrust Risks
Reading Time: 10 minutes
Big tech companies drive the Wall Street rally: recovery after weak labor market data After a two-day decline in the US stock markets , investors are stepping back in and pushing stock prices higher. This recovery is led by the world's largest technology companies , while at the same time, bond markets are showing stabilization . The recent weak labor market data confirms market participants' expectations that the US Federal Reserve will continue its rate cuts in September . Bond market boom – placement of over $116 billion in new issues...
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