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Stocks Move Lower After Jobs Report
Stocks Move Lower After Jobs Report
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After the highlights of the previous day, Friday becomes an important day in the market. In addition to
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overcoming the biggest stock market decline since 2020, investors will focus on Treasury yields and
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better-than-expected employment reports. The US economy added 428,000 jobs in April and the
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unemployment rate remained at 3.6%, adding more than 400,000 jobs in the 12th month.
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The Dow Jones Industrial Average fell 0.1% on Friday, just one day after the Blue House fell more than
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1,000 points on its worst day since 2020. The S&P 500 fell 0.1% and the hi-tech Nasdaq fell 0.3%. The 10-year Treasury yield is trading at 3.103%,
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