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- Yahoo Finance
US economy adds more jobs than expected in May as unemployment rate ticks higher
The May jobs report comes as the stock market has hit record highs amid a slew of softer-than-expected economic data, increasing investor confidence that the Federal Reserve could cut interest rates as of September.
- Yahoo Finance
Wall Street is having trouble getting 'too excited' about the US economy
Recent data hasn't been supporting the case for the US economy to once again surprise Wall Street to the upside in 2024.
- Yahoo Finance
The stock market took a narrow road to record highs last month
The stock market reverted back to its 2023 ways in May with six large tech stocks accounting for the majority of the gains in the S&P 500.
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