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68FINANCE

US economy adds 162,000 jobs in September, signaling continued labor market strength

⚡ Markets: A strong jobs report reduces the likelihood of near-term Fed rate cuts, supporting the US dollar and bond yields while potentially acting as a headwind for equities.US 10Y YieldDXYS&P 500

The U.S. labor market showed continued resilience as the economy added 162,000 jobs in September, according to the latest data. This strong figure complicates the Federal Reserve's monetary policy decisions and comes amid high mortgage rates and rising diesel prices.

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