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U.S. Stocks May Open Higher After Senate Passes Debt Ceiling Bill, Jobs Data Beats Estimates

Stocks are likely to move to the upside in early trading on Friday, extending the rally seen over the course of the previous session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent.

The futures held on to earlier gains following the release of a Labor Department report showing U.S. employment surged by much more than expected in the month of May.

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by RTTNews Staff Writer

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