Stocks are trading higher on Friday on positive jobs data. Disney drops
despite beating earnings estimates; GAP is up almost 6% on better
same-store sales; and McDonald's is down slightly after reporting
in-line sales in October. 204,000 jobs were added in October and August
and September numbers were revised higher. The unemployment rate rose to
7.3% from 7.2%.
At first look the jobs report brought back taper talk, but once digested it didn't look so robust, says Doug Roberts of Channel Research. TheStreet's Debra Borchardt reports in New York.
At first look the jobs report brought back taper talk, but once digested it didn't look so robust, says Doug Roberts of Channel Research. TheStreet's Debra Borchardt reports in New York.
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