Sabtu, 08 Februari 2020

National Pizza Day: 5 signs you're at a bad slice shop - Fox News

National Pizza Day is celebrated each year on Feb. 9. But before you head out for a celebratory slice, you’d be wise to take a few precautions.

After all, among the many reputable slice shops in your neighborhood, it’s likely that a few of those pizza purveyors are pushing less-than palatable pizza. And while it’s easy enough to look up any restaurant’s reviews online, determining the quality of a pizza often comes down to gut instinct, especially before you get that pizza into your aforementioned gut.

NEW JERSEY DECLARES ITSELF 'PIZZA CAPITAL OF THE WORLD,' TWITTER TAKES ISSUE

To that end, Fox News reached out to Mark Bello, the owner and operator of Pizza School NYC, for help in determining a disgusting slice before handing over your hard-earned cash.

By his own estimation, Bello — who has demonstrated pizza-making at the James Beard House, and was named a “pizza expert” at the Food & Wine masters series — has tasted thousands of pizzas, both in the U.S. and abroad. And when it comes to trying out a new slice shop, he tells Fox News to beware of five red flags.

#1. Too-good-to-be-true deals

Bello says consumers should immediately be wary “if the place is trying to sell you on the quantity of the pizza over the quality of the pizza.”

That doesn’t mean the pizza is necessarily bad, however. It’s just the first of a few factors that point to poor pizza.

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#2. Sorry-looking slices

Quality pizza is always going to look appetizing, but it’s not always going to look consistently the same, even between slices from the same pizzeria. And it should never be too “pale,” Bello says.

“If the outer crust resembles the rim of a Styrofoam cup in geometry, uniformity and pale color it’s likely going to taste like the outer rim of a Styrofoam cup,” according to the expert.

Not pale… not uniform… OK, we can proceed.

Not pale… not uniform… OK, we can proceed. (iStock)

#3. The wrong ingredients

Depending on the size of the pizzeria, some shops may have their ingredients on display, or at least in view of patrons (e.g., cans of tomatoes, bags of flour, cheese, etc.). So if you sense one of the makings is amiss, take your tastebuds elsewhere.

“For example, often pizzerias have their bags of flour stored in view of the customer — if they say ‘bromated’ and/or ‘bleached’ that’s not good,” Bello says, referring to flours that have been treated to change their pigments, help develop gluten or strengthen the dough.

#4. It’s praised as great ‘drunk food’

Good pizza should taste like good pizza all the time — not only when you’re inebriated.

Or, as Bello advises, never go out of your way “if the overwhelming recommendations you hear for the pizzeria in question emphasize ‘it’s best if you go there at 3 a.m. when you're really drunk…’”

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#5. Their cheese slice stinks

If the cheese ain't choice, "move along," says Bello.

If the cheese ain't choice, "move along," says Bello. (iStock)

So the pizza seems slightly questionable, but it looks halfway decent and you can’t see the ingredients. In that case, stick with a single cheese slice: It’s the ultimate indicator of the rest of the menu, according to Bello.

“If their classic cheese and sauce slice is bad (that’s the telltale slice to try first at any pizzeria) move along,” the expert advises.

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Mark Bello is the owner and operator of Pizza School NYC. Since 2010, the company has shared its knowledge of pizza with over 50,000 students. For more visit Pizza School NYC’s official website

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2020-02-08 10:00:19Z
52780593726799

Jumat, 07 Februari 2020

Dow drops 277 points as investors assess global economic fallout from coronavirus outbreak - USA TODAY

U.S. stocks pulled back from records Friday, as investors fretted over the economic fallout from the deadly coronavirus that’s spreading in China. 

The Dow Jones industrial average dropped 277.26 points to close at 29,102.51, snapping a four-day winning streak after notching a fresh record Thursday. 

The broader Standard & Poor’s 500 fell 0.5% to finish at 3,327.71. It still rose 3.2% for the week – its best performance since June. The technology-heavy Nasdaq Composite lost 0.5% to end at 9,520.51. 

The virus has infected more than 31,400 people around the world, and killed more than 630, nearly all of them in China. The director-general of the World Health Organization said Friday that a drop in the number of new virus cases for two days is “good news” but also cautioned against reading too much into that.

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“As the impact continues to rise, officials around the globe are amping up precautions to stem the contagion to their own respective regions,” Lindsey Piegza, chief economist at Stifel Nicolaus, said in a note. 

Friday's losses came despite a stronger-than-expected employment report. Employers added 225,000 last month, topping economists’ expectations for 161,500.

U.S. government bonds rose. The yield on the 10-year Treasury fell to 1.58% from 1.64% late Thursday.

Technology and health care companies gave up some of their gains from earlier in the week. Financial, industrial and material stocks also fell, outweighing slight gains by household goods makers and communication services companies.

Oil prices fell, weighing on energy stocks. Halliburton fell 2.1%.

U.S. crude prices fell 63 cents to settle at $50.32 per barrel. 

Contributing: Alex Veiga and Stan Choe, The Associated Press

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2020-02-07 21:44:43Z
52780590434738

Strong Jobs Report Has A Big Soft Spot; Dow Jones Falls - Investor's Business Daily

[unable to retrieve full-text content]

  1. Strong Jobs Report Has A Big Soft Spot; Dow Jones Falls  Investor's Business Daily
  2. Dow drops more than 250 points, snaps 4-day winning streak amid coronavirus worries  CNBC
  3. Stocks drop despite a strong monthly employment report  msnNOW
  4. Indexes fall off record highs, but set for weekly gains  Investing.com
  5. Stock market live Friday: Dow down 270, coronavirus names fall, Uber best day ever  CNBC
  6. View full coverage on Google News

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2020-02-07 21:13:00Z
52780590434738

Stock market news live: Stocks sink despite blowout January jobs data - Yahoo Finance

U.S. stocks were on track to decline for the first time in five sessions, giving back some of the gains from earlier in the week despite a strong January jobs report.

2:34 p.m. ET: Stocks near the lows of the session

The S&P 500 held near the lows of the session during Friday afternoon trading, and the Dow was off nearly 300 points.

Here were the main moves in markets, as of 2:37 p.m. ET:

  • S&P 500 (^GSPC): -0.56% or -18.6 points to 3,327.18

  • Dow (^DJI): -0.95% or -279.17 points to 29,100.6

  • Nasdaq (^IXIC): -0.58% or -54.73 points to 9,517.79

  • Crude oil (CL=F): -1.14% or -0.58 to 50.37 a barrel

  • Gold (GC=F+0.38% or +5.90 to 1,575.90 per ounce

12:30 p.m. How likely is Medicare-for-all, wealth tax?

...According to JPMorgan Chase, about 5%. With a growing number of markets participants starting to sweat over the potential for Bernie Sanders (or even Mass. Senator Elizabeth Warren) winning the Democratic nomination, JPM economist Jesse Edgerton says not to worry:

“...we still put a very low probability on Senator Sanders’s or Warren’s most dramatic policy proposals being enacted any time soon, for several reasons. First, the Democratic nomination process is far from over. Joe Biden still leads in the most recent nationwide polls, Pete Buttigieg won the most “delegate equivalents” in Iowa, and Michael Bloomberg has been rising in both polls and markets.

Second, it looks close to a coin flip at this point whether President Trump will ultimately defeat the Democratic nominee, as prediction markets put his reelection chances a bit above 50%. And finally, even if Senator Sanders were to become president, there would still be many checks and balances on his ability to act.

Most notably, passing even remotely controversial fiscal policies would almost certainly require Democratic control of both the House and the Senate. We think the probability of Sanders or Warren becoming president and the Democrats controlling both the House and Senate is less than 10%. And even in this case, opportunities to make policy would be limited by both the filibuster rules and the power of moderate Democrats.”

The bank’s logic, which echoes much of Wall Street’s conventional wisdom, is that major policy changes have to pass muster in both chambers of Congress. “Thus, both the House and the Senate would almost certainly need to be controlled by Democrats for policies like these to have any chance at all,” Edgerton wrote.

10:25 a.m. ET: What economists are saying about the January jobs report

Most economists viewed favorably the better than expected January jobs report, pointing to the print as another point adding to a constellation of positive indicators about the U.S. labor market.

Here’s what a number of economists had to say about the report, based on statements emailed to Yahoo Finance:

  • Rubeela Farooqi, chief U.S. economist for High Frequency Economics: “Overall, a strong gain in payrolls to start the year. The 3-month average stands at a solid 211K. The unemployment rate remains historically low and though the pace of wage gains had moderated, the latest reading is encouraging. These data remain supportive of an ‘on hold’ Fed stance, as the Fed assesses the impact of prior rate cuts on the economy.”

  • Charlie Ripley, Senior Investment Strategist for Allianz Investment Management: “The real question for most market participants is whether the endurance of job additions will continue to persist throughout the remainder of the year.  Last year’s average payroll additions were 175k per month and today’s data reiterates the need for labor as the current economic expansion continues. Wage increases were stronger than December’s data with a 0.2% monthly gain and we suspect this will be a continuing theme throughout the year as employers attempt to attract workers within tight labor market conditions. Overall, the January employment report provided a clear indication we haven’t reached the end of the current economic cycle.”

  • Ian Shepherdson, Pantheon Macroeconomics chief economist: “Looking ahead, surveys continue to point to substantially slower payroll growth, but the hard data have outperformed substantially in recent months and show no signs yet of fading. Even so, January’s jump in payrolls likely will be followed by a significantly smaller increase in February, as favorable weather effects fade and healthcare job growth mean-reverts.”

  • Nick Bunker, Indeed economic research director: “Overall, this was a strong report. Even the seemingly negative trends are actually positive. The slight increase in the unemployment rate might seem concerning, but it is actually due to a pick up in workers reentering the labor market. The labor force participation rate for people in their prime working years increased in January, but remains below previous highs. All signs point to a further pick up in this rate if the labor market continues to grow.”

9:37 a.m. ET: Stocks open lower even after strong jobs report

The three major domestic stock indices opened lower Friday morning, with the Dow off more than 100 points.

Declines in the Dow were led by shares of Dow Inc. and Goldman Sachs around market open. The Materials and Energy sectors led declines in the S&P 500, as U.S. crude oil prices declined more than 1%.

Here were the main moves in markets, as of 9:37 a.m. ET:

  • S&P 500 (^GSPC): -0.58% or -19.34 points to 3,326.44

  • Dow (^DJI): -0.62% or -182.54 points to 29,197.23

  • Nasdaq (^IXIC): -0.61% or -58.11 points to 9,513.92

  • Crude oil (CL=F): -1.2% or -0.61 to 50.34 a barrel

  • Gold (GC=F+0.25% or +3.90 to 1,573.90 per ounce

9:20 a.m. ET: How Credit Suisse’s chief met his downfall

Credit Suisse’s  (CS) stock is down modestly ahead of the opening bell. Early Friday, the storied Swiss bank accepted the resignation of CEO Tidjane Thiam, capping a spectacular spying scandal that rocked the industry’s usually sleepy world.

Yahoo Finance’s Oscar Williams-Grut breaks down how the lurid scandal — which includes cocktail party bust-ups, car chases, and clandestine operations at the bank — began last year, and culminated in a public power struggle that Thiam ultimately lost.

8:30 a.m. ET: Economy created 225,000 jobs in January

The U.S. labor market went from strength-to-strength in January, beginning 2020 by adding 225,000 jobs — but the unemployment rate ticked up to 3.6% (still a 50-year low) as more workers entered the labor pool, which drove up the participation rate to 63.4%. The blowout number was far above Wall Street’s consensus, and was presaged by Wednesday’s ADP private payrolls report.

Stock futures remain in the red, but pare some losses on the news, as coronavirus fears continue to weigh.

7:33 a.m. ET: Stock futures fall ahead of January jobs report

Contracts on the three major indices were lower before the Department of Labor’s January jobs report, set for release at 8:30 a.m. ET. Heading into Friday’s session, the S&P 500 was up 3.7% since the end of last week through Thursday’s close.

The “official”jobs report is expected to show payroll gains totaled 165,000 in January, representing an increase after December’s 145,000 additions. The unemployment rate likely held at a 50-year low of 3.5%. Average hourly wage gains, which disappointed in the December jobs report, are expected to have accelerated slightly to a 3.0% increase year on year.

Meanwhile, investors continued to monitor the spread of the coronavirus. The death toll from the outbreak has so far totaled 636 in mainland China, among more than 31,000 confirmed cases. Carmakers including Toyota have extended shutdowns at their manufacturing centers in China to try and contain the spread of the disease.

Here were the main moves during the pre-market session, as of 7:33 a.m. ET:

  • S&P futures (ES=F): 3,335.5, down 9.75 points or 0.29%

  • Dow futures (YM=F): 29,227.00, down 101 points or 0.34%

  • Nasdaq futures (NQ=F): 9,425.50, down 30 points or 0.32%

  • Crude oil (CL=F): $50.58 per barrel, down $0.37 or 0.73%

  • Gold (GC=F): $1,570.10 per ounce, up $0.10 or 0.01%

NEW YORK, NY - FEBRUARY 04: Traders work on the floor of the New York Stock Exchange (NYSE) on on February 4, 2020 in New York City. The markets rebounded after a fall last week on coronavirus fears. (Photo by Eduardo Munoz Alvarez/Getty Images)

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2020-02-07 19:37:00Z
52780594720537

Stock market news live: Stocks sink despite blowout January jobs data - Yahoo Finance

U.S. stocks were on track to decline for the first time in five sessions, giving back some of the gains from earlier in the week despite a strong January jobs report.

12:30 p.m. How likely is Medicare-for-all, wealth tax?

...According to JPMorgan Chase, about 5%. With a growing number of markets participants starting to sweat over the potential for Bernie Sanders (or even Mass. Senator Elizabeth Warren) winning the Democratic nomination, JPM economist Jesse Edgerton says not to worry:

“...we still put a very low probability on Senator Sanders’s or Warren’s most dramatic policy proposals being enacted any time soon, for several reasons. First, the Democratic nomination process is far from over. Joe Biden still leads in the most recent nationwide polls, Pete Buttigieg won the most “delegate equivalents” in Iowa, and Michael Bloomberg has been rising in both polls and markets.

Second, it looks close to a coin flip at this point whether President Trump will ultimately defeat the Democratic nominee, as prediction markets put his reelection chances a bit above 50%. And finally, even if Senator Sanders were to become president, there would still be many checks and balances on his ability to act.

Most notably, passing even remotely controversial fiscal policies would almost certainly require Democratic control of both the House and the Senate. We think the probability of Sanders or Warren becoming president and the Democrats controlling both the House and Senate is less than 10%. And even in this case, opportunities to make policy would be limited by both the filibuster rules and the power of moderate Democrats.”

The bank’s logic, which echoes much of Wall Street’s conventional wisdom, is that major policy changes have to pass muster in both chambers of Congress. “Thus, both the House and the Senate would almost certainly need to be controlled by Democrats for policies like these to have any chance at all,” Edgerton wrote.

10:25 a.m. ET: What economists are saying about the January jobs report

Most economists viewed favorably the better than expected January jobs report, pointing to the print as another point adding to a constellation of positive indicators about the U.S. labor market.

Here’s what a number of economists had to say about the report, based on statements emailed to Yahoo Finance:

  • Rubeela Farooqi, chief U.S. economist for High Frequency Economics: “Overall, a strong gain in payrolls to start the year. The 3-month average stands at a solid 211K. The unemployment rate remains historically low and though the pace of wage gains had moderated, the latest reading is encouraging. These data remain supportive of an ‘on hold’ Fed stance, as the Fed assesses the impact of prior rate cuts on the economy.”

  • Charlie Ripley, Senior Investment Strategist for Allianz Investment Management: “The real question for most market participants is whether the endurance of job additions will continue to persist throughout the remainder of the year.  Last year’s average payroll additions were 175k per month and today’s data reiterates the need for labor as the current economic expansion continues. Wage increases were stronger than December’s data with a 0.2% monthly gain and we suspect this will be a continuing theme throughout the year as employers attempt to attract workers within tight labor market conditions. Overall, the January employment report provided a clear indication we haven’t reached the end of the current economic cycle.”

  • Ian Shepherdson, Pantheon Macroeconomics chief economist: “Looking ahead, surveys continue to point to substantially slower payroll growth, but the hard data have outperformed substantially in recent months and show no signs yet of fading. Even so, January’s jump in payrolls likely will be followed by a significantly smaller increase in February, as favorable weather effects fade and healthcare job growth mean-reverts.”

  • Nick Bunker, Indeed economic research director: “Overall, this was a strong report. Even the seemingly negative trends are actually positive. The slight increase in the unemployment rate might seem concerning, but it is actually due to a pick up in workers reentering the labor market. The labor force participation rate for people in their prime working years increased in January, but remains below previous highs. All signs point to a further pick up in this rate if the labor market continues to grow.”

9:37 a.m. ET: Stocks open lower even after strong jobs report

The three major domestic stock indices opened lower Friday morning, with the Dow off more than 100 points.

Declines in the Dow were led by shares of Dow Inc. and Goldman Sachs around market open. The Materials and Energy sectors led declines in the S&P 500, as U.S. crude oil prices declined more than 1%.

Here were the main moves in markets, as of 9:37 a.m. ET:

  • S&P 500 (^GSPC): -0.58% or -19.34 points to 3,326.44

  • Dow (^DJI): -0.62% or -182.54 points to 29,197.23

  • Nasdaq (^IXIC): -0.61% or -58.11 points to 9,513.92

  • Crude oil (CL=F): -1.2% or -0.61 to 50.34 a barrel

  • Gold (GC=F+0.25% or +3.90 to 1,573.90 per ounce

9:20 a.m. ET: How Credit Suisse’s chief met his downfall

Credit Suisse’s  (CS) stock is down modestly ahead of the opening bell. Early Friday, the storied Swiss bank accepted the resignation of CEO Tidjane Thiam, capping a spectacular spying scandal that rocked the industry’s usually sleepy world.

Yahoo Finance’s Oscar Williams-Grut breaks down how the lurid scandal — which includes cocktail party bust-ups, car chases, and clandestine operations at the bank — began last year, and culminated in a public power struggle that Thiam ultimately lost.

8:30 a.m. ET: Economy created 225,000 jobs in January

The U.S. labor market went from strength-to-strength in January, beginning 2020 by adding 225,000 jobs — but the unemployment rate ticked up to 3.6% (still a 50-year low) as more workers entered the labor pool, which drove up the participation rate to 63.4%. The blowout number was far above Wall Street’s consensus, and was presaged by Wednesday’s ADP private payrolls report.

Stock futures remain in the red, but pare some losses on the news, as coronavirus fears continue to weigh.

7:33 a.m. ET: Stock futures fall ahead of January jobs report

Contracts on the three major indices were lower before the Department of Labor’s January jobs report, set for release at 8:30 a.m. ET. Heading into Friday’s session, the S&P 500 was up 3.7% since the end of last week through Thursday’s close.

The “official”jobs report is expected to show payroll gains totaled 165,000 in January, representing an increase after December’s 145,000 additions. The unemployment rate likely held at a 50-year low of 3.5%. Average hourly wage gains, which disappointed in the December jobs report, are expected to have accelerated slightly to a 3.0% increase year on year.

Meanwhile, investors continued to monitor the spread of the coronavirus. The death toll from the outbreak has so far totaled 636 in mainland China, among more than 31,000 confirmed cases. Carmakers including Toyota have extended shutdowns at their manufacturing centers in China to try and contain the spread of the disease.

Here were the main moves during the pre-market session, as of 7:33 a.m. ET:

  • S&P futures (ES=F): 3,335.5, down 9.75 points or 0.29%

  • Dow futures (YM=F): 29,227.00, down 101 points or 0.34%

  • Nasdaq futures (NQ=F): 9,425.50, down 30 points or 0.32%

  • Crude oil (CL=F): $50.58 per barrel, down $0.37 or 0.73%

  • Gold (GC=F): $1,570.10 per ounce, up $0.10 or 0.01%

NEW YORK, NY - FEBRUARY 04: Traders work on the floor of the New York Stock Exchange (NYSE) on on February 4, 2020 in New York City. The markets rebounded after a fall last week on coronavirus fears. (Photo by Eduardo Munoz Alvarez/Getty Images)

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2020-02-07 17:41:00Z
CBMiXGh0dHBzOi8vZmluYW5jZS55YWhvby5jb20vbmV3cy9zdG9jay1tYXJrZXQtbmV3cy1saXZlLXVwZGF0ZXMtZmVicnVhcnktNy0yMDIwLTEyMzYzNjcyOS5odG1s0gFkaHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9hbXBodG1sL25ld3Mvc3RvY2stbWFya2V0LW5ld3MtbGl2ZS11cGRhdGVzLWZlYnJ1YXJ5LTctMjAyMC0xMjM2MzY3MjkuaHRtbA

Stocks making the biggest moves midday: Uber, eBay, T-Mobile & more - CNBC

Martin Ollman | Getty Images

Check out the companies making headlines in midday trading on Friday.

Uber Technologies — Shares of Uber popped more than 9%, on pace for its best day ever since its IPO in May, after the ride-hailing company said it forecast reaching a key profitability goal sooner than expected. CEO Dara Khosrowshahi said Uber would move its EBITDA profitability target to Q4 2020 from a previous goal of becoming profitable by the end of 2021. The company also reported a better-than-expected loss per share.

Wynn Resorts — Wynn Resorts dropped 3.1%, bringing its one-month losses to more than 8%, as its business continues to be impacted by the coronavirus due to restricted travel in China and around the world. Hotel and cruise line companies have been taking the hardest hits from the deadly epidemic, with Las Vegas Sands and Carnival falling 4% and 12%, respectively, in the past month.

Activision — The video game maker's shares rose over 2% after the company reported fourth-quarter earnings of $1.23 a share, stronger than the $1.19 a share Wall Street expected, according to a Refinitiv survey. Activision also raised its dividend by 11% to 41 cents a share, although its forecast of fiscal year earnings and revenue were below analysts' expectations according to FactSet.

T-Mobile — Shares rose more than 2% after the company reported fourth-quarter earnings that beat analysts' expectations on the top and bottom line. Revenue came in at $11.88 billion, which was ahead of the $11.82 billion analysts had been expecting, according to estimates from FactSet. The mobile service provider earned 87 cents per share in the quarter, which topped the consensus estimate of 83 cents.

eBay — eBay slumped 3.5% on Friday after NYSE-parent company Intercontinental Exchange announced that it would not continue to explore a possible acquisition of the e-commerce company. The stock had jumped sharply on Tuesday after the potential deal was reported. Shares are still trading above where they closed on Monday.

Pinterest — Pinterest rose more than 12% in midday trading after the company reported better-than-expected profit and revenue for the fourth quarter. Analysts were pleased to see that Pinterest continued to invest in efforts to monetize its platform as well as improvements to its shopping features.

"Because of the timing of new product rollouts, ad tech improvements, and focus on self-serve tools, among other key areas of focus, we may continue to see variability in growth rates, but overall we see Pinterest's continued focus to drive shoppability on its site, and tie together top of funnel consumer behavior with transactability as a unique opportunity," wrote Wedbush analyst Ygal Arounian.

Canada Goose — Canada Goose shares dropped more than 4% after the Canadian clothing company issued weaker-than-forecast guidance for fiscal 2020. The company expects earnings per share to range between 1.33 Canadian dollars per share and CA$1.37 per share. That's below a FactSet estimate of CA$1.65 per share.

CNBC's Yun Li, Pippa Stevens, Michael Sheetz, Fred Imbert and Jesse Pound contributed reporting.

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2020-02-07 18:14:00Z
52780593985398

Strong Jobs Report Has A Big Soft Spot; Dow Jones Falls - Investor's Business Daily

[unable to retrieve full-text content]

  1. Strong Jobs Report Has A Big Soft Spot; Dow Jones Falls  Investor's Business Daily
  2. Dow drops 200 points on concern coronavirus will dramatically slow China's economy  CNBC
  3. Wall Street slips from record highs at open after jobs report  Investing.com
  4. Dow futures fall more than 100 points despite better-than-expected jobs report  msnNOW
  5. Dow hits record, joining S&P 500, Nasdaq  Fox Business
  6. View full coverage on Google News

https://news.google.com/__i/rss/rd/articles/CBMiYGh0dHBzOi8vd3d3LmludmVzdG9ycy5jb20vbmV3cy9lY29ub215L2pvYnMtcmVwb3J0LXVzLWVjb25vbXktMjI1MDAwLWpvYnMtd2FnZS1ncm93dGgtZG93LWpvbmVzL9IBAA?oc=5

2020-02-07 15:49:00Z
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