U.S. Markets Overview
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U.S. stock market futures quickly reversed their losses to turn higher Friday following a better-than-expected non-farm payrolls report.
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Stocks posted a modest gain in thin, volatile trading Thursday ahead of the jobs report, while worries over the looming "fiscal cliff" continued to linger.
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Futures turned slightly lower Thursday, despite a better-than-expected jobless claims report, as worries over the "fiscal cliff" lingered.
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The Dow and S&P finished higher Wednesday, boosted by a batch of upbeat economic reports and optimistic comments from China's new leader, while Apple's sharp drop pushed the Nasdaq into negative territory.
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Futures were off their best levels Wednesday, but optimistic comments from China's new leader helped limit losses.
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Investing
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The bulls hope for more good news from Fortinet, which gapped higher after a strong earnings report earlier this year.
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Economist Nouriel Roubini, known as Dr. Doom, actually sees strength in the U.S. economy...relatively speaking of course.
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Stocks and bonds have been telling two pretty different stories, and the argument for slower growth seems to be winning.