Investors looked beyond the three major indexes' losing February.
February's slide helped drag the Dow into negative territory for the year, while the other two indexes are still holding onto their gains.that came in the first week of the month, according to Keith Buchanan, senior portfolio manager at Globalt Investments. Nonfarm payrolls increased by 517,000 in January, according to the report, which crushed the 187,000 estimated by economists polled by Dow Jones.
"There was a turning point that we can all point to," Buchanan said. "The market had a moment where participants realized that perhaps the labor market is tight enough to continue to set the stage for increasing hawkishness." Investors will watch for economic data on construction and manufacturing coming after the market opens Wednesday. Consumer-focused companies including
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