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Benzinga
Benzinga
Business
Piero Cingari

Terrible Jobs Report Sparks Rally In AI and Tech: 10 Stocks Leading Friday's Surge

All TER Jobs Report Gold Semiconductor
Wall Street Bull

Bad news was once again good news for Wall Street.

A surprisingly weak U.S. jobs report sent investors rushing back into speculative technology stocks Friday, as slowing labor-market momentum fueled hopes the Federal Reserve will keep interest rates on hold rather than resume tightening next month.

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