U.S. Stocks Look to Take Back Some Lost Ground, Given Boost By Jobs Data - the U.S. economy welcomed 292,000 new hires last month
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, 01-09-2016 at 11:21 AM (1036 Views)
A stock market already in the mood for a bounce got a little extra goose from a solid December jobs report issued Friday morning.
Even with a comforting economic number, a tough trading week leaves some Wall Street observers warning for more volatility, however—market twists that are likely to include at least short-term recoveries such as the one taking shape on Friday. The major stock averages fell some 2%-3% in Thursday’s volatile session, sending the broad-based S&P 500 (SPX) to its lowest since the beginning of October.
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