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US bulls in play on hopes that weaker data could spur rate cut

HP is planning to axe up to 9,000 workers. US employers added only 136,000 jobs in September, barely enough to keep up with population growth.

US STOCKS snapped back last week after a brutal selloff, even as economic data went from bad to worse. The rationale was that weakening economic data could spur the Federal Reserve and international trade negotiators into action.

Indeed, as the economic data grew steadily worse, the odds...

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