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Wall Street struggles as job growth slows spooking investors

Wall Street struggles as job growth slows spooking investors

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1:00pm: Strong earnings eclipsed by weak jobs data Corporate earnings from US companies continue to beat Wall Street estimates, butĀ stocks declined with investors weighing concerns over the economic impact of the ongoing pandemic and weak jobs data. In afternoon trading, the Dow Jones Industrial Average was down 260 points or 0.7% at 34,855, although the Nasdaq Composite held onto meagre gains.

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