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Dow Jones sligthly pares opening gains
As expected, all three major US stock market indexes opened higher today, buoyed by the positive news from the September jobs report. That more positive outlook for the economy based on the improved jobs picture has meant that stocks have so far looked through any Fed policy shift resultant from this data and earlier economic releases. Well, for the time being anyway. So, the Dow Jone opened today at 42,248 after closing last night at 42,011. It rose immediately to set a high at 42,313 so far, It did just now pare that gain by around 100 points, but it is rebounding again right now. The price action is pretty fluid though ands despite the uplift still hostage to any headlines emerging from the Middle East. The index is currently trading at 42,275
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