Stocks waver as data adds ‘misery’ to 2024 start


FILE PHOTO: FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in New York City, United States

STOCKS struggled for direction after a dour start to the year as traders clung to wagers that a March rate cut was still on the table after a slew of jobs and US service sector data.

The S&P 500 edged lower last Friday in what’s shaping up to be the stock market’s worst week since late October.

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