Wall Street ends higher; earnings, jobs report in focus
Fri, Feb 2, 2024 2:16 PM

Wall Street ends higher; earnings, jobs report in focus

A Flip by Avya Verma
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On Thursday, U.S. stocks rebounded after the Federal Reserve dismissed expectations of an interest rate cut in March. The tech-heavy Nasdaq led the gains, with companies like Meta Platforms and Amazon reporting positive earnings. However, Apple's China sales missed targets. Economic data showed rising productivity and moderated labor market conditions. The S&P 500 rose 1.25%.

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