Wall Street Posts Modest Gains but S&P 500 and Nasdaq Head for Monthly Loss
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·9 viewsUS stock markets recorded mixed but slightly positive movement as investors balanced optimism around rebounding AI stocks with ongoing concerns over interest rates and geopolitical tensions. The S&P 500 and Nasdaq are on track for their first monthly decline in three months, despite the quarter-end uptick. Better-than-expected jobs figures pointed to a resilient US economy, though the data simultaneously raised fears about persistent inflation. The strong employment numbers have renewed speculation that the Federal Reserve may pursue further interest rate hikes.
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