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Stocks see further losses after January job-report shocker

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U.S. stock indexes add to post-jobs-data declines in early action Monday

U.S. stocks were lower early Monday, on track for a second day of losses, after an unexpectedly strong jobs report at the end of last week renewed worries about how high the Federal Reserve will have to take interest rates.

What’s driving markets There continued to be shock over the 517,000 surge in nonfarm payrolls reported by the Labor Department on Friday.

 

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