Stocks climb on US jobs recovery, vaccine hope

New York (AFP) – Stock markets pushed higher Thursday as global investors cheered a solid rebound in US employment and encouraging news about progress towards a coronavirus vaccine.The US economy regained 4.8 million jobs in June as businesses began to reopen nationwide, while the unemployment rate fell more than two points to 11.1 percent, the Labor Department reported.The job creation amid the coronavirus pandemic was far higher than economists were expecting, and showed people returning to jobs in hard-hit sectors like leisure and hospitality, which accounted for just under half of the incr…

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