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The Economic Times
The Economic Times
Business

Yields, dollar rise, stocks ease after solid US jobs report

United States US Federal Reserve Oil Inflation

Treasury ​yields and the dollar rose, while stocks fell on Friday after stronger-than-expected U.S. job growth data boosted bets ​on a September interest rate hike by the Federal Reserve.

All three of the major U.S. stock indexes ended lower in a broad selloff ahead of a three-day holiday weekend. A global stock index declined as well.

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