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Better news on US job market sends stocks higher

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NEW YORK (AP) — Stocks moved higher in morning trading Thursday as Wall Street went back to work after the Christmas holiday. Traders were encouraged by an unexpectedly large drop in claims for unemployment benefits last week, the latest sign that the U.S. job market is improving. The yield on the 10-year Treasury note, a benchmark for many kinds of loans, edged closer to 3 percent. It hasn't...

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