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Monday, May 6, 2013

Jobs data looms.

Investors will get a fresh look at the U.S. employment picture Friday morning as nonfarm payrolls take center stage. Expectations are for a gain of 140K, although some began to worry after Wednesday's ADP private sector payrolls report came in well below consensus at 119K. Whatever the case, no one wants a repeat of March's report which missed expectations by a wide margin.

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