GAGA Share Market News

[hfe_template id='11223'] [ad_1] The ever-resilient US economy is once again causing havoc for Wall Street worrywarts, who have sounded the recession alarm all year. After months of heated debate between stock and bond bulls on whether restrictive Federal Reserve policy would spur a downturn, a report showing the biggest gain in American hiring in six months spurred violent reversals in fixed-income markets that had gone all-in on a slowdown. Small-cap companies led the cheer Friday as the dogged resilience of the US labor market underscores vigor in the domestic investment and consumption cycle. A long-dated Treasury exchange-traded fund capped the worst week since April, after rallying alongside equities and corporate bonds for months. Tech stocks bounced Friday, while bets on extra-large interest rates cuts were hastily re-thought. It was just one day and the S&P 500 was broadly little changed this week amid growing concern about the Middle East war and threats to...