💨 Abstract

Global stocks were lower Friday after a stronger-than-expected jobs report in the United States reinforced expectations that the Federal Reserve will likely keep interest rates elevated for longer than traders were betting on. Wall Street's main indexes were trading lower, with technology, financials, real estate and consumer discretionary stocks driving losses. Energy stocks were trading higher. The Labor Department data showed that the U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖