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Stocks down off record highs in early trading

August 02, 2013

BAfter weaker-than-expected job growth in July announced this morning, the stock market is taking a breather and is trading slightly lower in early trading after hitting record highs Thursday. Brian Battle, director at Performance Trust Capital Partners in Chicago, says the weak jobs number "in no way threaten the Feds description of a weak economy." As a result, Battle's take is that Fed tapering is "further off."

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