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WALL STREET INSIGHT

Upward momentum tough for bears to break

Stock market, in general, is in self-fulfilling cycle of speculation; technology sector's rise, in particular, is now reminiscent of dotcom era

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The US economy added only 138,000 jobs in May, according to the Labor Department.

NOTHING, it seems, can get the bulls down. Not President Donald Trump's abrupt pullout of the US from the Paris climate change accord. Not surprisingly soft jobs data on Friday. And not the uncertainty surrounding another critical European election.

The US economy added only 138,000 jobs

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