Payrolls may steer US stocks


NEW YORK: Payrolls could give the US stock market some direction this week as investors comb through the key report on one of the economy’s weakest areas.

More news on Greece’s debt problems could also fire up investors after a week of little movement in stocks, with the market ending Friday’s choppy session slightly higher in light trading volume due to a heavy winter snow storm that hit New York City and much of the US Northeast, forcing businesses, schools and transportation systems to close. It was New York City’s second major snow storm last month.

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