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Dec. 8--Stocks look set to float upward this week, with the Dow closing in on the psychologically sensitive 10,000 level, as investors expect the US Federal Reserve to leave interest rates unchanged at tomorrow's meeting, keeping the economy pumped with cheap money.
Stocks took a knock on Friday as the US government's monthly job report showed companies hired far fewer workers than expected in November. But investors may now take the view that the sluggish job situation will deter the Fed from raising rates any time soon.
That should help stocks continue their nine-month rally, which has been driven by companies recording higher profits and consumers ...