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Stock Market Continues Rise for Second Day as Job Growth Exceeds Expectations

  • The stock market is increasing for the second day in a row as more jobs were added last month than analysts predicted.
  • Technology companies and retailers saw their shares rise the most while gold prices dropped due to lessening recession worries.
  • Several major retailers reported quarterly earnings that exceeded Wall Street's forecasts.
  • Lawmakers are moving closer to reaching an agreement to raise the debt ceiling to avoid default.
  • The Federal Reserve is preparing to reduce its support for the economy by stopping monthly asset purchases.
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