How will investors react to the latest ...economic news?
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The jump in the U.S. unemployment rate to 5.5 percent in May from 5.0 percent in April and Friday's spike in oil prices to a record dominated the weekend's headlines.
"That news is going to scare the daylights out of the average person," said Paul Mendelsohn, chief investment strategist at Windham Financial Services in Charlotte, Vermont. "You're seeing some bad follow (through) ... that could put pressure on the market."
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https://www.globeinvestor.com/servlet/story/ROC.20080608.2008-06-08T151840Z_01_N06465233_RTRIDST_0_BUSINESS-COLUMN-STOCKS-OUTLOOK-COL/GIStory/