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WALL STREET INSIGHT

Market cheers bad news, eyes Fed moves

37726357.1 (38307630) - 08_05_2016 - US-STOCKS-RALLY-OVER-200-POINTS.jpg
Stocks finished a losing week on a high note after a soft jobs report diminished the odds of a Federal Reserve rate hike.

STOCKS finished a losing week on a high note after a soft jobs report diminished the odds of a Federal Reserve rate hike. The rebound could continue this week if investors are convinced that the central bank will stay on hold through the summer.

The positive response to negative jobs data