Home World News Markets Right Now: Stocks rise as rate cut looks more likely

Markets Right Now: Stocks rise as rate cut looks more likely

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Markets Right Now: Stocks rise as rate cut looks more likelyStocks are closing higher Friday as a lackluster report on hiring increases the odds the Federal Reserve will cut interest rates in the coming months. The yield on the 10 year Treasury fell to 2.08% from 2.12% Thursday. The Dow Jones industrials rose 263 points, or 1%, to 25,983.

Source: Yahoo.com