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INVESTORS AWAIT EMPLOYMENT REPORT

|Includes: DBA, DBB, DJP-OLD, EEM, EFA, EPI, EWA, EWC, EWG, EWJ, EWY, EWZ, FCG, FXE, FXI, FXY, GAZ, GLD, IEF, IWM, IYR, IYT, MOO, QQQ, RSX, SLV, SPDR S&P 500 Trust ETF (SPY), TLT, UDN, USL, XLB, XLE, XLF, XLI

 

Thursday was a quiet day in trading but disappointing economic news still dominated. Jobless Claims came in beneath expectations despite being slightly better than the previous week; however, the four-week moving average is 30K higher. Chain Store sales were disappointing with pundits blaming the weather again. Factory Orders missed consensus forecasts at -1.2%. Lastly, not that it's much of a surprise, Moody's warned it could downgrade U.S. bond ratings should the budget deficit and debt not be resolved. So, do you think Turbo-Tim would ever stiff "the Beard"?...READ MORE



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