Live stock market news updates: Stocks close shortly after strong jobs report
U.S. stocks closed mixed after stumbling between small gains and small losses on Friday, as stronger-than-expected jobs data prompted investors to recalibrate expectations when the Federal Reserve pauses its campaign rate hike. The Labor Department’s monthly jobs report for November showed payrolls rose 263,000, more than expected, while unemployment held steady at 3.7%. Bloomberg expected …
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