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Nasdaq Rebounds on a Hot Jobs Report — But Still Posts Its Worst Week Since June
Wall Street got its bounce on Friday — and still finished one of its worst weeks of the year. The Nasdaq Composite jumped 1.09% on Friday, November 6, powered by a furious rebound in chip stocks, after a red-hot October jobs report. But the rally could not erase the damage: the Nasdaq still lost 3.37% for the week, and the S&P 500 fell 2.68%, its worst week since June. It was a week...
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