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U.S. stocks rally on ‘Goldilocks’ jobs report as Wall Street’s fear gauge slides

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U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of March as investor anxieties tied to inflation appeared to subside.

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Treasury yields trim declines after PCE inflation reading edges up from Fed’s target

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Treasury yields were trimming earlier declines after a barrage of pre-Thanksgiving economic data added to the case for gradual Fed rate cuts .

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Jobless claims slide to 7-month low. Businesses not cutting many jobs.

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The number of Americans who applied for unemployment benefits in the week before the Thanksgiving holiday dipped to a seven-month low in a sign of strength for a steadily expanding U.S. economy.

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More turnover at the top, but this bull still believes in the Weight Watchers parent

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D.A. Davidson reckons WW is a buy as its customers need more than a prescription.

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