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Jobs data, tax bill, trade on tap for rebounding U.S. stocks

The U.S. stock market is poised for a potential rebound, influenced by several key factors including upcoming jobs data, a tax bill, and trade developments. Investors are particularly focused on the nonfarm payrolls report due on Friday, which could provide insights into the health of the labor market and influence Federal Reserve decisions on interest rates. Additionally, a proposed tax bill that includes an increase in the child tax credit and business tax breaks is advancing in Congress, which could stimulate economic activity. Trade tensions with China are also on the radar, as recent diplomatic engagements hint at possible improvements in U.S.-China relations, potentially impacting market sentiment. These elements collectively contribute to the current dynamics in the stock market, with investors closely monitoring these developments for signs of economic direction.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/money/top-stocks/jobs-data-tax-bill-trade-on-tap-for-rebounding-us-stocks/ar-AA1FLVov ]