BENGALURU: US stocks closed higher on Friday, with the S&P 500 and Nasdaq notching their highest closing levels since early 2022 after a robust US jobs report fuelled investor optimism about a soft landing for the economy.
Investors pared bets that the Federal Reserve will cut interest rates in March after a Labour Department report showed nonfarm payrolls increased by 199,000 jobs in November, compared with an estimated increase of 180,000.
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