Some traders are concerned over how the faceoff between the U.S. and Russia over Ukraine will affect the markets (AP Photo/Richard Drew)
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Friday's stronger-than-expected payrolls report did more than ease concerns about U.S. fundamentals; it also appeared to justify Wall Street's record levels, suggesting the market's upward trend could continue.However, it also raised concerns that the market may be vulnerable to pullbacks on any indication that conditions have deteriorated.In a sign of positive trading momentum, the S&P 500 is 1.3 percent above its 14-day moving average, potentially providing support in the event of market decline.For the week, the Dow rose 0.8 percent, the S&P 500 climbed 1 percent and the Nasdaq gained 0.7 percent. The Dow and the S&P 500 rose for their second straight week of gains. The S&P 500 Friday ended at a record high of 1,878.04 .
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