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Friday, May 7, 2010

Stocks try to rebound after a wild Thursday

Stocks were trying to regain ground this morning after one of the most volatile days in stock market history.
Jobs up 290,000; jobless rate rises to 9.9 pct.
The unemployment rate rose from 9.7 percent in March to 9.9 percent in April, mainly because 805,000 jobseekers -- perhaps feeling better about their prospects -- resumed their searches for work.

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