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Stock Market News Update for Wednesday, November 24, 2010

The Dow soared 150 points on Wednesday, recapturing virtually all of Tuesday’s tumble, as Wall Street showed it was thankful for a two-year low in weekly jobless claims and hopeful signs that Black Friday may impress.

"Other indicators will bump markets up and down, but employment continues to be the major focus," said Michael Gault, a senior portfolio strategist at Weiser Capital Management.

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