Dow falls 300 points as investors brace for Friday’s jobs report

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Dow falls 300 points as investors brace for Friday’s jobs report
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Stocks dropped as investors await jobs data coming Friday.

Futures connected to the Dow turned up slightly, gaining 23 points or 0.1%.

Futures connected to the Dow also made up ground, trading down 10 points, which is close to the flatline.Stocks likely to rise in near-term on back of Powell remarks, investing strategist says He said the Fed will still likely hike higher to around a 5.5% rate or pause around the 5% mark into 2024, which is longer than some expect.

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