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US stocks rise near their record after the latest jobs report eases worries about inflation

U.S. stocks are rising near their record after the latest jobs report cooled worries that a potentially hot U.S economy could make inflation worse. The S&P 500 climbed 0.7% Friday and pulled within 1% of its all-time high. The Dow Jones Industrial Average added 233 points, and the Nasdaq composite rose 1.2%. They got a boost after a report showed U.S.…

Sources (1)· Oct 2, 7:22 PM

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Texas Gov. Abbott declares disaster to ease diesel crunch, allowing dyed fuel on roadsTexas Gov. Greg Abbott issued a statewide disaster proclamation on Sept. 28, temporarily suspending restrictions on dyed diesel fuel use on public roadways to address record-high diesel prices averaging $5.90 per gallon. The proclamation provides immediate relief to agricultural and trucking industries by raising allowable weight limits for fuel,…
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Common Dreams13h agoWhole story →
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US stocks rise near their record after the latest jobs report eases worries about inflation – KnowGov