The U.S. stock market faces a critical test with the upcoming jobs report, expected to show a growth of 150,000 jobs and an unemployment rate of 4.2%. Investors are looking for a balanced economic outlook to support equity gains in 2025, while concerns about inflation and interest rates loom. A solid report could help stabilize a market that has shown weakness at the start of the year.
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0 posts last weekTech Stocks Surge as Economic Data Eases Recession Fears
Tech stocks are driving a market rally as the S&P 500 and Nasdaq Composite recover from recent lows, with the S&P 500 up nearly 7% and the Nasdaq over 8% since early August. The Information Technology sector has surged almost 12%, led by Nvidia’s 21% rise, amid easing recession fears and improving economic data. Analysts expect a rebound in tech, particularly in AI-related investments, as capital spending trends continue to rise.
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