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Stocks Fluctuate as Investors Await US Jobs Report Amid Concerns Over Prolonged Rate Hikes

  • US stocks have seesawed amid investor caution ahead of the monthly jobs report, which could influence the Fed's future rate hike plans.
  • Unexpectedly resilient US labor market data has raised concerns that aggressive Fed tightening could continue for longer.
  • Major indices in Europe rebounded after recent declines driven by rising bond yields and weak economic indicators.
  • Crucial employment indicators this week are expected to provide insight into inflation and monetary policy.
  • Key stocks to watch include Intel, Meta, Orange, Novartis, and Pandora following earnings reports and outlooks.
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