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Slowing job growth weighs on Wall Street; new stimulus eyed

Wall Street's main indexes fell on Friday as data showed a sharp slowdown in U.S. employment growth, and investors turned their attention toward the likelihood of another fiscal stimulus bill to buttress the economy from a pandemic-induced recession.

Exxon Baton Rouge refinery union to seek talks over 401K change: sources

The United Steelworkers union (USW) local representing workers at Exxon Mobil Corp’s Baton Rouge, Louisiana, refinery and chemical plant are seeking talks with the company over the upcoming suspension of the employer contribution to their 401K plan, said sources familiar with the matter.

Dollar gains, stock rally ebbs after labor report

The dollar bounced off two-year lows and a gauge of global equity markets halted a march toward a record high on Friday as slightly better-than-expected data on U.S. job growth in July also snapped big rallies in gold and the euro.

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