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Wall Street Rallies on Softer US Data, Giants’ Results

Mohamed Abdelhamid Daily Economic Reports, Economic Report, Global Stock Market, Market Update

On Friday, the stock market rallied, continuing its upward trajectory for a third week. Despite a weaker-than-expected jobs data for April that heightened investor expectations for a rate decrease by the Federal Reserve later this year, this bullish feeling persisted.What is driving the US stock market?Wall Street is generally cheering …

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