US Stocks Rise as Jobs Report Tempers Rate Outlook
U.S. stocks ended the week on an upswing after slowing jobs growth tempered expectations that the Federal Reserve will hike rates again later this month. Treasury yields hovered near multidecade highs as investors looked past slower-than-expected job creation.
S. stocks finished the week higher as slower jobs growth eased expectations that the Federal Reserve will raise rates again later this month. Treasury yields stayed near multidecade highs as investors looked past slower-than-expected job creation in the U…