US Stocks Rose on Friday as the Labor Market Shows Signs of Moderating Wage Growth, Easing Rate Hike Concerns

US Stocks Rose on Friday as the Labor Market Shows Signs of Moderating Wage Growth, Easing Rate Hike Concerns.

The Nasdaq surged to a 13-month high and marked its best winning streak since January 2020.

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Additionally, the avoidance of a catastrophic debt default through the Washington deal added to investor optimism.

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Additionally, the avoidance of a catastrophic debt default through the Washington deal added to investor optimism.

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