Stocks Recover As Distortions Take The Sting Out of Jobs Report

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Stocks have rebounded off their post-jobs report lows and are producing constructive gains led by advances among small-caps as well as strong earnings results by Priceline ( PCLN ) and The Gap ( GPS ). The financial markets opened lower following a much larger than expected increase in October payrolls but the major indices later turned positive as investors made a more thorough examination of the data and found elements that could encourage the Federal Reserve to keep its monetary stimulus unchanged until 2014.



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This article appears in: Investing , Commodities

Referenced Stocks: GPS , PCLN

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