Wall Street retreats as strong jobs data raises rate hike bets

With a distinguished career spanning almost two decades at the highest levels of financial journalism, Rajendra Kumar Saxena stands as a cornerstone of the editorial leadership team at Livemint.com.

What happened

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HomeMarketsWall Street retreats as solid jobs data raises rate hike bets, credit reporting stocks slump.

The bottom line

In short, wall Street retreats as strong jobs data raises rate hike bets is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.