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US markets hold steady: Wall Street edges up ahead of US jobs data; Fed rate cut bets rise amid hiring concerns

IndiaTimes Thursday, 5 June 2025
US stocks edged higher as investors awaited crucial employment data, with labor market softness fueling expectations of a potential rate cut by the Federal Reserve later in the year. Procter & Gamble announced job cuts, while Five Below surged after strong earnings. PVH Corp. faced tariff-related pressures, impacting its profit outlook.
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