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Updated from 4:14 p.m. EST
Wall Street took a dive Friday as an unexpectedly strong jobs report appeared to diminish the chance of an interest rate cut anytime in the near future.
The Dow Jones Industrial Average fell 82.68 points, or 0.66%, to 12,398.01, and the S&P 500 was off 8.63 points, or 0.61%, at 1409.71. The Nasdaq Composite surrendered 19.18 points, or 0.78%, to 2434.25.
Buyers weren't enticed by the Labor Department's latest report on the U.S. economy, which showed an addition of 167,000 jobs in December, above expectations for a gain more on the order of 100,000 to 115,000. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
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DOWN
154.48
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19.14
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37.61
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SPDR Gold
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