Private-sector employment rebounded in January, beating expectations by a wide margin, according to this morning’s release from the US Labor Department. US companies added 237,000 workers last month, the strongest monthly increase since last July and well above December’s modest gain of 165,000.
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The recent decline for the formerly high-flying energy patch has left financial stocks in the lead among US equity sectors for one-year total return, based on a set of proxy ETFs.
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