Wall Street's main indexes reversed course and rose on Friday following a boost from megacap stocks, with investors assessing a fresh jobs report that also pointed to slowing wage growth.
increased by the most in eight months in September as hiring rose broadly, pointing to persistent labor market strength, though wage growth is slowing.
Financial markets and most economists believe the Fed is probably done hiking interest rates because of a recent surge in long-term U.S. Treasury yields.
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