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Yields on U.S. government debt have seen big swings over the past two days, as the latest round of nongovernment data on the labor market has left investors scratching their heads.
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The FAA said it would reduce flights by 10% across 40 "high-volume" markets to maintain the safety of air travel as the federal government shutdown drags on.
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In October, U.S. companies announced the highest number of layoffs for the month since October 2003.
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Stock futures edge higher after key AI stocks dive on valuation fears: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq fall as Nvidia leads AI trade lower, jobs jitters reignite Yahoo FinanceUS markets tumble amid Wall Street concern over job losses and AI The GuardianDow stumbles and tech stocks slide as volatility picks up on Wall Street CNN
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Analysts say investors are rotating out of "laggard" Big Tech stocks in favor of momentum plays. They may also be spooked by Microsoft's higher AI spending.
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