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Technology stocks were under pressure and bond yields spiked Friday, after the December jobs report. Markets remain confident that the Federal Reserve will act rather quickly to lift interest rates.
In late morning trading, the Dow Jones Industrial Average was nearly unchanged, after the index fell 170 points Thursday to close at 36,236. The S&P 500 slipped 0.3%, while the technology-heavy Nasdaq Composite slid 0.8%.
The…