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Traders Lay Low Awaiting Jobs Report

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Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

Stock futures opened flat this morning as there had been little activity in Europe and traders were holding their positions close to the vest in advance of tomorrow's jobs report.  Initial jobless claims remained low at 367,000 below expectations of 375,000 and improved the moving average.  A report on retail sales showed that as many outfits showed gains as losses and that was kind of the way it went in stocks today.  The NASDAQ and S&P showed moderate gains while the Dow closed down a slight 11 points.

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