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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Stock market today: Asian shares surge after Wall St gains on signs the US jobs market is cooling

Copyright 2023 The Associated Press. All rights reserved

Stocks were higher in Asia on Monday after Wall Street was boosted by a report that signaled the US jobs market, while still healthy, is showing some signs of cooling.

That supported investors’ hopes that the Federal Reserve may soon ease up on its campaign to slow the U.S. economy by raising interest rates.

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