Categories: Business News

Stocks fall sharply as strong jobs data fuels rate hike bets; oil set for weekly gain

By Chibuike Oguh NEW YORK, June 5 (Reuters) – Shares fell sharply on Friday after a blowout jobs report fueled bets of a rate hike by the U.S.…

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Published: June 6, 2026 02:50:11 IST

By Chibuike Oguh NEW YORK, June 5 (Reuters) – Shares fell sharply on Friday after a blowout jobs report fueled bets of a rate hike by the U.S. Federal Reserve and as investors turned defensive ahead

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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Published: June 6, 2026 02:50:11 IST

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