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Market Reacts Positively to Jobs Report
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FBN’s Lauren Simonetti breaks down the day in the markets.
- Duration 0:48
- Date Aug 3, 2012
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FBN’s Lauren Simonetti breaks down the day in the markets.
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So let's -- out the Lawrence and if -- New York Stock Exchange.
More -- -- well I'm calling what we're seeing here relief rally because you know it was it was sort of relief.
We didn't get bad news all bad news on the jobs front it wasn't all good news either there was some bad news in there.
But it wasn't all but we were so expecting.
It to be disappointed downside as we have the past couple of months.
Didn't happen yes and that's how the market reacted positively -- -- isn't positive reaction but we weren't down for four days and you get some news you can interpreted as good name you don't have those European headline bothering you so yeah it's a relief rally.
And and that's positive for the week the Dow is hanging on -- S&P -- positive went more points right now.
Opt for the week's -- --