The bulls have gained the upper hand in the U.S. stock market in recent weeks and strategists are cautiously optimistic the rebound will continue. A lot is riding on whether economic data can continue to hold up, since upbeat reports in recent weeks have eased fears the United States may be headed for a recession. Friday’s jobs report was the latest signal that those worries were overblown, with February U.S. payrolls surging more than expected.
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