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World shares are mixed after US stocks fall back, while oil edges lower
['Ap News']
myMotherLode.com
NEW YORK (AP) — Stocks rose on Wall Street Friday and Treasury yields fell after the government reported that employers unexpectedly cut 23,000 jobs last month.
Wall Street expects at least one rate increase by the end of the year, with forecasts shifting for the next meeting.
A weaker jobs market, though, could become even shakier under higher interest rates as businesses find it more difficult to expand under increased borrowing rates.
Businesses, and Wall Street, prefer lower interest rates because it can help boost investments.
That has helped allay some concerns on Wall Street about whether big gains for stocks in 2026 are justified.