US stocks brush record highs as weak jobs data fuel rate cut bets

US stocks brush record highs as weak jobs data fuel rate cut bets

By Koh Gui Qing and Elizabeth Howcroft NEW YORK/PARIS (Reuters) -U.S. stocks briefly hit record highs on Friday after data showing U.S. job growth cooled in August led investors to double down on bets that the Federal Reserve might cut interest rates later this month, maybe by as much as 50 basis points. Speculation that the Fed might lower rates more aggressively caused Treasury yields to

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