09-05-2016 15:14 via news.yahoo.com

Wall Street set to open higher, interest rates in focus

Wall Street was set to open slightly higher on Monday after Friday's lackluster U.S. jobs report suggested the Federal Reserve will raise rates just once this year. In the two weeks to Friday, mixed economic data and uncertainty about the path of future interest rate hikes had put a dampener on a stock market rally that had seen the S&P gain about 15 percent from its February lows. A Reuters survey following the jobs report showed that Wall Street's top banks have all but written off the cha
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