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STOCKS JUMP, GOLD TUMBLES, INTEREST RATES RISE AFTER JOBS REPORT

Jul 5, 2013, 18:04 IST

REUTERS/Brendan McDermidNYSE specialist Donald CivitanovaThe June jobs report is out, and markets are moving.

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U.S. futures are now up 192 points, up from just 120 points before the report.

Gold is tumbling, with futures trading at $1,221/oz, down from $1,239 just before the report.

Treasury bonds are selling off, with the 10-year yield at 2.62%, up from 2.56% before the report.

U.S. companies added 195k jobs in June, smashing expectations for just 165k new jobs.

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