A late-week rally saw the market recover from a bad start to the fourth quarter.
Despite fears about an economic slowdown resulting in a dismal start to the week, the stock market bounced back in a big way on Friday, boosted by a positive jobs report and increased expectations of another Fed interest rate cut due later this month.Dow Jones Industrial Averagerebounded on Thursday and Friday, both rising by over 2% and making up some of the earlier losses. The Dow finished the week down 1% while the S&P 500 was down 0.5%.
Signs of weakness mounted in both the manufacturing and services sectors earlier this week. On Tuesday, the Institute of Supply Management
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