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Dow, Nasdaq, S&P 500 rebound despite early losses

© Reuters.

NEW YORK – U.S. stock indexes managed to recover from initial dips to close higher today, with the ending at 37,490.36, the at 14,546.77, and the at 4,701.05. Despite futures pointing to declines earlier in the day, all three major indexes corrected upwards by market close.

The markets’ rebound came alongside the release of U.S. labor data that showed the economy added 216,000 jobs in December, maintaining the unemployment rate at a steady 3.7%. This jobs growth indicates continued resilience in the U.S. job market amidst economic uncertainties.

The performance of the U.S. markets, coupled with the employment data, suggests a cautiously optimistic outlook among investors regarding the strength of the American economy.

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