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How major US stock indexes fared Friday

KIFI

The Associated Press

Stock indexes ended mixed and Treasury yields jumped Friday as Wall Street’s expectations rise that the Federal Reserve may soon start raising interest rates sharply. The Labor Department said employers added 467,000 jobs last month, triple economists’ expectations. The stronger-than-expected data seems to lock in the Fed’s pivot toward fighting inflation by making moves that would ultimately act as a drag on markets. 

Article Topic Follows: AP National Business

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Associated Press

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