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By Rheaa Rao and Isabelle Lee

October 3, 2024 at 10:27 PM UTC

Updated on

October 4, 2024 at 8:55 PM UTC

This article is for subscribers only.

Stocks ended Friday close to session highs after a stronger-than-expected jobs report underscored the resilience of the US economy and boosted soft-landing hopes. Treasuries sank as traders recalibrated their bets on the size of the Federal Reserve’s next rate cut.

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