S&P rally marks best session since Nov 2022
Edited By WION Video Desk
Published: Aug 09, 2024, 05:00 IST | Updated: Aug 09, 2024, 05:00 IST
Following US jobless claims data showing fewer applicants for aid than anticipated, the market sentiment improved. Last week, worse-than-expected jobs data on Friday stoked worries of a recession that led to a market meltdown. However, the latest data eased those concerns about the labour market. Volatility continues to dominate markets this week.
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