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✉news BusinessMarkets first seen 3 h ago, last 2 h ago, peak #17

U.S. stocks climb near records as jobs report soothes bond market

Original: U.S. stocks rise near their record after the latest jobs report calms the rattled bond market

U.S. stock indexes rose close to their record highs after the latest jobs report eased pressure on the bond market. Strong-but-steady hiring figures reassured investors who had been rattled by recent bond-market volatility, lifting Wall Street sentiment. Markets are watching employment data closely for signals about the Federal Reserve's next moves on interest rates.

Why now: Fresh jobs data eased bond-market worries, boosting stock prices and investor sentiment.

U.S. stock marketFederal ReserveWall Street

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