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Wall Street flat after payrolls as banks curb gains

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NEW YORK (Reuters) – Stocks were little changed on Friday as early enthusiasm, spurred by a much stronger-than-expected payrolls report, faded and bank shares declined as investors booked profits in the wake of the Federal Reserve’s "stress tests" results. Data showed hiring increased in February, with payrolls jumping by 236,000, easily beating expectations for a gain of 160,000 jobs. The unemployment rate fell to 7. 7 percent, the lowest since December 2008. . . .

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