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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Commodities
More Headlines for: GPS , PCLN

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