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Sunday, December 03, 2006

Market volatility to remain amid jobs, manufacturing data

SAN FRANCISCO (MarketWatch) -- U.S. stocks are expected to remain choppy next week as investors look to key employment and manufacturing reports to determine whether the economy is headed for a recession next year. "Volatility is...going to be one of the hallmarks," of the coming trading sessions, said John Caldwell, investment strategist at McDonald Financial Group. The market's tone has been set by this week's reports of the first contraction in the manufacturing sector since April 2003.
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