My quick take though is that investors are waiting on the jobs # tomorrow. The ADP report earlier in the week was not bad, but not good, either, so as long as we don't have a not bad jobs # tomorrow (consensus is non-farm payrolls increase 70k, but not sure if this will include or exclude the striking Verizon workers), we should continue to see the market move in an upward direction. After the jobs report, investors will be closely monitoring any new jobs/stimulus coming out of Washington.
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