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Monday, May 20, 2024

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Shares dip into detrimental territory after giving up post-jobs report features

U.S. inventory indexes dipped into detrimental territory Friday afternoon, giving up features scored after the August jobs report confirmed an increase in payrolls largely in step with expectations and a tick up within the unemployment price to three.7% from 3.5%. The Dow Jones Industrial Common

was up 39 factors, or 0.1%, after briefly buying and selling within the pink. The blue-chip gauge had rallied 370 factors at its session excessive. The S&P 500

off lower than 0.1%. The tech-heavyy Nasdaq Composite

was down 0.3%, threatening to increase a dropping streak to 6 periods.

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