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Dow Plunges After Fireworks as June Jobs Report Strangles Fed Outlook

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The Dow and broader U.S. stock market opened sharply lower Friday after a stronger-than-expected jobs report worked against the narrative that the Federal Reserve needs to cut interest rates to steer the economy in the right direction. Dow, S&P 500, Nasdaq Retreat from Record Highs All of Wall Street’s major indexes traded lower after the […]

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