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Oil Shock Meets Job Shock
Episode 763
Published 7 months, 3 weeks ago
Description
Stock futures fell Friday morning after the release of the U.S. jobs report, as investors tried to digest two forces that rarely arrive politely or predictably: war and economic data. On one side sits the escalating conflict in the Middle East, now nearing a week without any clear end. On the other sits the U.S. labor market, which delivered a report that diverged sharply from expectations.
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