Jobs report on tap for soaring US stocks as rate path, bond yields eyed as risks

Investors will turn to an important labor market update this week as they weigh whether simmering inflation and the potential for interest rate ​hikes could derail the rally in U.S. stocks. Broadcom’s (AVGO.O), results also pose a test in the coming week for the red-hot AI trade. Last week, U.S. ‌equity indexes continued their charge higher, with the benchmark S&P 500 (.SPX), posting a gain for a ninth straight week. The index is up more than 10% on the year, while the Nasdaq Composite...

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