Wall St eyes weak open as strong jobs data fuels rate hike worries
Stronger jobs statistics contributed to rate hike by the U.S. Federal Reserve later this month. Traders’ bets on the Fed raising rates by 75 basis points increased to 97.7% from 91.5%. U.S. stock markets started well as investors found solace in Fed’s hints of a moderate rate hikes. As of July 8, Reuters: Stronger-than-expected jobs … Read more