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Despite 10% Unemployment, Weak Dollar Attracts Investors
After the biggest and fastest correction of the rally to date, the market again surged to new highs this week before trading back below. After no follow-through to the downside the last several weeks, it was time again for buyers to overwhelm the sellers in this resilient market. Despite a 10.2% unemployment rate, a troubling benchmark for the economy, select big tech stocks led the market higher.
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