
US stocks climb after weak jobs news
U.S. stocks rose Oct. 2 after September jobs numbers were weaker than expected, Reuters reported. The Dow, S&P 500 and Nasdaq — three stock yardsticks — all climbed, with the Nasdaq at a new high, Business Insider reported. Bond returns fell. In my view, less fear of rate rises could ease loan costs, shaping mortgages and savings.
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