Stocks quiet after US jobs data on Friday

Stocks quiet after US jobs data on Friday

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Stocks are quiet this morning. Today is a holiday day in the US. Investors are still considering Friday’s huge miss in the US non-farm payrolls data. Market was expecting 750,000 but the number came in at 235,000. The poor data may actually benefit stocks as it could mean the Fed will not bring forward the time it begins to taper stimulus and any indication of that will steady investors nerves.

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