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WALL STREET INSIGHT

US indices look set to test record highs - Fed permitting

Causes of early-year correction are still around, warn bears; threat of higher rates continues to hang over stock market

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About 215,000 new employees were added to payrolls in March, which was more than most economists had forecast and enough to suggest that the slowdown on oilfields and in factories is tapering off.

US stocks rose last week thanks to a palatable jobs report and now the major indices look set to test record highs as long as Federal Reserve officials due to speak this week do not spoil the party.

About 215,000 new employees were added to payrolls in March, more than most economists had

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