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February 5, 2016

US stocks end higher after wavering day

NEW YORK (AP) — U.S. stocks posted modest gains Thursday as investors await Friday's closely watched jobs report, which could offer insight about the U.S. economy and help determine whether the Federal Reserve raises interest rates again next month.

Many believe the likelihood of another rate increase in March has faded because of recent signs of weakness in the global economy. That has sent the dollar lower against other currencies, a welcome change for U.S. exporters whose overseas sales have been hurt by the appreciation of the dollar over the last year and a half.


 
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