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US stocks seen starting lower as all eyes focus on Friday’s jobs data and Fed reaction

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US stocks are expected to start the new week on the back foot as investors brace for the start of a new month which will bring the always important latest US job data on Friday, although no pointers are due to provide any direction on Monday. The Dow Jones Industrial Average is expected to open at around 34,403, down 31 points on Friday’s close, while the broader S&P 500 is expected to start at around 4,282, off a point or so.

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