U.S.Equities Rebound After Midweek Dip

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After a promising jobs report, U.S. equities rebounded from a midweek dip influenced by the Bank of England’s (BOE) unprecedented interest rate cut. The major U.S. and U.K. indexes posted gains, but Asian and European bourses were down for the week. Gold dove following positive employment numbers. Oil rose modestly after another volatile week. The 10-year U.S. Treasury gained traction from the strong jobs report, settling near 1.6%.

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