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Stock Market Today: Stocks Bounce On Firm October Jobs Data, Muted Wages: Oil Leaps As China Lockdown Bets

Updated at 12:32 pm EST U.S. stocks pared earlier gains Friday, with investors hedging bets on an end-of-week rebound following a mixed October employment report and a four-day losing streak on Wall Street.  The U.S. economy added 261,000 new jobs last month, the Labor Department said, with the September total revised 56,000 higher to 319,000. The…