Stocks flip to big gains after jobs report surprise: Stock market news today

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Investors considered the possibility that the strong jobs report could sway the Federal Reserve's thinking on whether to hold or hike interest rates.

) was up almost 1%, or about 300 points, as all the major stock gauges emerged from the red. The S&P 500 , General Motors , and Stellantis , Su says "it always looks like the parties are really far apart until they're not, in any negotiation, that's the case," adding that "what gets said publicly can also be quite different from what is actually happening at the bargaining table.

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