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Stocks fall as strong jobs data fuels rate hike bets; oil set for weekly gain
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- Stocks fall as strong jobs data fuels rate hike bets; oil set for weekly gain By Chibuike Oguh Fri, June 5, 2026 at 10:37 PM GMT+7 3 min read AVGO ^DJI ^GSPC NVDA ^IXIC By Chibuike Oguh
- NEW YORK, June 5 (Reuters) - Shares dipped on Friday after a blowout jobs report fueled bets of a rate hike by the U.S.
- Iran reaffirmed support for the Hezbollah militia and demanded Israel withdraw from southern Lebanon, complicating efforts to end the broader conflict between the U.S. and Iran.
Stocks fall as strong jobs data fuels rate hike bets; oil set for weekly gain By Chibuike Oguh Fri, June 5, 2026 at 10:37 PM GMT+7 3 min read AVGO ^DJI ^GSPC NVDA ^IXIC By Chibuike Oguh
NEW YORK, June 5 (Reuters) - Shares dipped on Friday after a blowout jobs report fueled bets of a rate hike by the U.S. Federal Reserve and as investors turned defensive ahead of the weekend, wary of the flare-up in Middle East hostilities.
Iran reaffirmed support for the Hezbollah militia and demanded Israel withdraw from southern Lebanon, complicating efforts to end the broader conflict between the U.S. and Iran. Israel has said it would not withdraw troops from Lebanon.
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