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Saturday, January 28, 2023

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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
DJIA,
-0.65%

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
SPX,
-0.73%

off lower than 0.1%. The tech-heavyy Nasdaq Composite
COMP,
-1.06%

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



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