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Stock market news today: Indexes rise as tech layoffs continue

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US stocks rise but eye weekly losses as wave of tech layoffs continues

US stocks traded higher Friday but are on track to notch weekly losses. Google parent Alphabet announced it will slash 12,000 jobs, or about 6% of its global workforce. Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox.

 

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