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'Fast Money': Market Shrugs Off Bad News
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The Dow Jones Industrial Average surged past 8,000 Friday as it shook off another woeful jobless report.
The Dow rose 39.51, or 0.50%, to 8,017.59, while the S&P 500 rose 7.88, or 0.94%, to 842.26. The Nasdaq added 19.24, or 1.20%, to 1,621.87.
Melissa Lee, the moderator of CNBC's "Fast Money" TV show, put some historical perspective on the rally, saying it's the best four-week winning streak since July 1938. She asked the panel to comment on the forces behind the upswing. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.50 | 1,106.41 | 2,190.31 | 35.40 |
Oil *
71.66
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UP
65.67
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UP
4.06
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DOWN
0.55
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UP
0.58
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10 Yr
3.54%
SPDR Gold
109.32
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+0.63%
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+0.37%
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-0.03%
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+1.67%
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