Tag: Stock Market NewsSort
Equities Pounded on Friday, Erase Gains from the Week
After triple digit gains on Thursday and a better-than expected jobs report Friday morning, stocks turned south and erased all, or nearly all gains, for the week as caution ruled ahead of Tuesday’s presidential election. A pre-market jobs report initially buoyed markets to at least keep trading relatively flat until the glee subsided about the employment picture and gave way to nervousness and risk aversion that will probably remain consistent until the final votes are tallied.
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