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Monday, April 09, 2007

Stocks Up Early on Jobs Data

Wall Street extended its advance Monday after last week's robust jobs data and a report that Dow Chemical Co. could be in play helped energize investors about the economy.
With the stock market closed for Good Friday, traders got their first opportunity to react to data that showed stronger-than-expected job growth in March. This indicated the economy might be in better shape than previously thought, and helped offset concerns about a continued slowdown in the housing market.

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