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Market recap: Stocks edged higher to finish a big week, as the weak jobs report lent support to...

Market recap: Stocks edged higher to finish a big week, as the weak jobs report lent support to Bernanke’s assessment that the labor market remains a "grave" concern. Treasury prices rose and precious metals jumped as investors played the QE trade. Materials and metals stocks ripped higher as China unleashed a big infrastructure spending program. NYSE gainers topped losers seven to five.
Comments (4)
  • SoldHigh
    , contributor
    Comments (1013) | Send Message
     
    In other words, Obama's anti-growth policies continue to be a major drag on the US economy.
    7 Sep 2012, 04:32 PM Reply Like
  • Tack
    , contributor
    Comments (14297) | Send Message
     
    Since when is the SPX up 0.40% "ekeing out a slim gain?" Nice day, if you ask me, especially when following yesterday.
    7 Sep 2012, 05:08 PM Reply Like
  • GaltMachine
    , contributor
    Comments (1370) | Send Message
     
    "investors played the QE trade"

     

    "Investors" is an interesting choice of word for those doing this. "Gamblers" might be the better word.
    7 Sep 2012, 05:11 PM Reply Like
  • sheeple2012
    , contributor
    Comments (203) | Send Message
     
    some folks also may have a "grave" concern for higher gas, food, and heating oil prices which QE3 will cause...much more immediately than any benefit to employment
    7 Sep 2012, 08:00 PM Reply Like
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