MARKET WRAP: Another soft US jobs report lifts sentiment
JSE follows other bourses higher as expectations grow that the Fed will cut rates this year
09 May 2024 - 19:50
The JSE was firmer on Thursday, tracking stronger US and European counterparts after another softer jobs report from the US.
Data from the US labour department released in the afternoon showed that about 231,000 Americans filed for unemployment benefits last week. The number is the largest print for weekly jobless claims since August last year...
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