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Wall St edges up as rate-hike bets in check after jobs data

Mimi Sabreena 8:14:00 AM Informasi

NEW YORK (Sept 2): Wall Street gained modestly on Friday as a tepid U.S. jobs report kept expectations muted for another interest rate hike this year, while investors kicked off a typically dour month for stocks on a positive note.

U.S. job growth slowed more than expected in August after two straight months of hefty increases. The Labor Department said on Friday nonfarm payrolls increased by 156,000 last month, while economists had forecast an increase of 180,000.

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