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US stocks rise as weak July jobs data boosts expectations for a Fed rate cut in September.
US stocks rebounded Monday as weak July jobs data raised expectations for a Federal Reserve interest rate cut in September.
The data showed a significant shortfall in job creation, increasing concerns about the US economy and sparking market optimism for a rate cut to stimulate growth.
European stocks also gained, with Paris and Frankfurt indices rising 1% and 1.3% respectively.
The weak jobs report and trade tariffs have fueled hopes for monetary easing, benefiting riskier assets and potentially supporting sectors like tech, real estate, and small-cap stocks.
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Las acciones estadounidenses suben a medida que los débiles datos de empleo de julio aumentan las expectativas de un recorte de tasas de la Fed en septiembre.