08-05-2015 19:12 via news.yahoo.com

Wall St. soars after jobs growth rebounds

U.S. job growth rebounded last month and the unemployment rate dropped to a near seven-year low, suggesting underlying strength in the economy at the start of the second quarter after growth hit a soft patch in the first. "Right now the market's been pricing for December and the Fed's been pushing more of a narrative that we think suggests September, so we're more likely to see the Fed converge here to the market than the other way around," said Aaron Kohli, interest rat
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