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U.S. Stocks Under Pressure As Strong Jobs Data Adds To Interest Rate Worries

Stocks have moved sharply lower in morning trading on Thursday, largely offsetting the upward move seen over the course of the previous session. The major averages have all shown notable moves to the downside on the day.

Currently, the major averages are off their lows of the session but still firmly negative. The Dow is down 277.44 points or 0.8 percent at 32,992.33, the Nasdaq is down 99.04 points or 1.0 percent at 10,359.72 and the S&P 500 is down 32.78 points or 0.9 percent at 3,820.19.

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by RTTNews Staff Writer

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