Sep. 5 - The labor market struggled in August with the unemployment rate near a five-year high and jobs lost for the eighth month in a row.
Wall Street surprisingly shook-off steep losses sparked by the data. After the close, speculation the Treasury is close to a deal with Fannie Mae and Freddie Mac bolstered expectations of a positive start to next week.
Conway Gittens reports from New York. SOUNDBITE: Alec Young, equity strategist, Standard & Poor's
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