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Updated from 10:57 a.m. EST
U.S. stocks were trading higher Friday as traders shrugged off the worst monthly unemployment reading in more than a decade and troubling earnings statements from the automotive sector.
The Dow Jones Industrial Average was up 131 points at 8826, and the S&P 500 added 13 points to 918. The Nasdaq jumped 25 points to 1634.
Economic data releases continued to point to a dismal downturn. The Bureau of Labor Statistics reported that October nonfarm payrolls declined by 240,000, worse than analysts' projections of 200,000. The September job-loss figure was revised to 284,000 from 159,000. The unemployment rate came in at 6.5%, its highest reading since 1994 and above economists' estimates of 6.3%. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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