Wall Street muted after strong jobs data nibbles at Fed rate cut bets

Wall Street muted after strong jobs data nibbles at Fed rate cut bets

The Straits Times - Sports·2026-02-12 06:00

NEW YORK - The S&P 500 closed virtually unchanged on Feb 11 as a stronger-than-expected employment report eased worries about the economy but also fuelled bets that the Federal Reserve could slow its interest-rate cuts.

Wall Street’s three main indexes had started the session on a strong note, with the S&P 500 and the Nasdaq hitting their highest level in more than a week after the closely watched payrolls report showed much faster than expected US job growth in January while

……

Read full article on The Straits Times - Sports

Other