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On Friday, the U.S. payroll report is expected to show 85,000 new jobs in August, compared with 117,000 in July. That total would not be enough to budge the official unemployment rate from its stubborn 9.1 per cent mark.
On Friday, the U.S. payroll report is expected to show 85,000 new jobs in August, compared with 117,000 in July. That total would not be enough to budge the official unemployment rate from its stubborn 9.1 per cent mark.
(BRIAN SNYDER/REUTERS/BRIAN SNYDER/REUTERS)

At midday: S&P 500 holds gains after payrolls report

U.S. stocks were up modestly in midday trading on Friday, following an upbeat reading on February payrolls. But Canadian stocks dipped slightly.

The S&P 500 was up 5 points or 0.3 per cent, to 1549. The blue-chip Dow Jones Industrial Average was up 50 points or 0.4 per cent, to 14,379. In Canada, the S&P/TSX composite index was down 21 points or 0.2 per cent, to 12,806.