US stocks bounce as traders await delayed jobs, inflation data
Summary
Wall Street stocks rose as investors awaited delayed US employment and inflation data, which could influence future Federal Reserve interest rate decisions.
Key Points
- Wall Street stocks climbed ahead of delayed US employment and inflation data releases.
- The Dow Jones rose 0.3%, S&P 500 also increased, and Nasdaq added 0.2%.
- The Federal Reserve recently cut interest rates for the third time but indicated higher rates could follow.
- Delayed data is due to a record-long US government shutdown from October to mid-November.
