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Buyers dominated the mortgage-backed security market yesterday, driving up prices even further.  The Unit Labor Costs came in a little higher than expected, up 3.7 percent from last month. Tune in tomorrow when the heavily talked about unemployment rate will be released.

What’s Up on Wall Street?

All three major indexes ended with positive gains when the closing bell rang yesterday.  The Dow Jones Industrial Averaged jumped 83.55 points (0.66 percent) and snapped a four-day loss streak. The S&P 500 climbed 11.68 points (0.89 percent), and the Nasdaq Composite closed 34.43 points (1.22 percent) higher than its open.

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