London, June 5, 2026 (AFP) - Blockbuster US job gains ruffle Wall Street

NAMPA / AFP

2026-06-05

Forecast-beating US jobs data rattled Wall Street on Friday as investors saw increased chances of an interest rate hike. Oil prices retreated meanwhile despite continued clashes in Lebanon, with no apparent progress in reaching a peace deal between Iran and the United States that would open up energy exports through the Strait of Hormuz. Data showed the US economy added 172,000 jobs in May, far more than the 80,000 expected by economists polled b......

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