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'What's Trading' Options Recap: Apple Drop Weighs on Nasdaq
By: Minyanville Headlines
Posted on December 07, 2012 at 16:08 PM EST
Market action is mixed and slowing to a crawl heading into the final hour Friday. The economy was in focus early after the Labor Department said that 146 000 new jobs were created in November which was significantly better than the 90 000 that was expected. The unemployment rate dropped to 7.7% and hourly earnings rose 0.2%. Overall the report was better than economists had predicted and stock index futures ticked higher before the opening bell. However the early rally attempt was thwarted after University of Michigan said its index of consumer sentiment fell to 74.5 this month and ...
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