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U.S. Stocks Are Feeling More Optimistic About A September Rate Cut


A weaker-than-expected April jobs report signaled the U.S. labor market was cooling. "The narrative is that, if the economy is slowing, then the Federal Reserve can finally deliver on the rate cuts that the market has been forecasting for months," says Jim Iuorio with TJM Institutional Services. The next important inflation release is the CPI data on May 15.

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