Stocks Gain, Dollar Falls After US Jobs Data; Bond Yields Higher
Major stock indexes rose and the dollar fell on Friday as expectations for a Federal Reserve interest rate hike this month decreased following softer-than-forecast US jobs data. US bond yields were higher after reversing earlier declines.
Major stock indexes rose on Friday and the dollar weakened after softer-than-forecast US jobs data reduced expectations for a Federal Reserve rate hike later this month. US bond yields were higher after earlier declines reversed.