US stock market notches best week since late November
Wall Street turned the page on a painful May in the stock market by notching its best week since late November.
Stocks climbed for a fourth consecutive day Friday, capping a week of gains that reversed most of the losses in May, when President Donald Trump’s tariff threats escalated trade wars with China and Mexico.
The latest rally came as investors welcomed a report showing that the U.S. added fewer jobs than expected last month. The lackluster snapshot of hiring appeared to increase the odds that the Federal Reserve will have to cut interest rates in coming months.
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