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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Mar 05, 2016
Page
16
Light sweet crude settles at 35.92 dollars a barrel as market closes. Local investors track energy shares, with traders watching global supply, OPEC moves, and price shifts affecting regional portfolios.
U S stocks ended mixed after a modest rise that extended a four day winning streak as the government reported stronger February jobs growth. Dow rose 62.87 to 17006.77 S&P gained 6.59 to 1999.99 Nasdaq up 9.60 to 4717.02. Key gains in mining energy names and higher metals prices supported the session amid ongoing concerns about rates and global demand.
The Labor Department reports 242,000 new jobs in February with unemployment at 4.9 percent. December and January gains were revised up by 30,000, aiding a three month total of 228,000. Retailers and health care led hiring while mining and manufacturing lagged.
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