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✉news BusinessMarkets first seen 6 h ago, last 1 h ago, peak #3

US stocks climb near record highs after jobs report

Original: US stocks rise near their record after the latest jobs report eases worries about inflation

US stock markets rose to near record levels following the release of the latest jobs report, which showed labor market conditions that eased investor concerns about inflation. The data boosted hopes that price pressures are cooling, lifting major indexes close to their all-time highs as traders weighed what the figures mean for interest rates.

Why now: The jobs report offered reassurance on inflation, moving markets close to record territory.

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