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Market Turbulence Follows Kennedy Era Trades
The stock market swung violently early last week as experts warned inflation could persist. Commerce and Treasury officials debated tax cuts while the SEC eyed traders, with Dow Jones dipping near five hundred and volume soaring to record levels before a government-led relief rally. Employment rose to a May peak of 203,000 with unemployment dropping to 3.719 million, and steel output began a modest recovery while automotive production hit a May high for first five months.
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Darden Chambliss AP
New York
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Panfc Ales
Luther Voighs
House-Senate
Securities and Techange Commission
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Wiidy Ak
Labor Department
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Automotive News
Commerce Department