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After jobs report, Dow hits new high then declines a bit
After jobs report, Dow hits new high then declines a bit

The Dow Jones industrial average hit a new record in early trading Friday before later reversing course and suffering a modest decline. The blue-chip indicator rose more than 60 points early on to notch its second record high in the last three days following the better-than-expected jobs report. But the index slid backward after that, and recently was down 38.62 points, or 0.2%, to 16,608.58. Boeing, Exxon Mobil and McDonald's each rose more than 1%. The Standard & Poor's 500 index fared better, rising about 0.3% and eclipsing its April 2 record high before retreating below that mark. The Labor Department reported that the economy added 288,000 net new jobs last month in...

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