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On Friday, the Labor Department said that U.S. employers added 236,000 workers to their payrolls in February, pushing the unemployment rate down to 7.7 percent, the lowest since December 2008. In the Treasury market, the yield on the benchmark 10-year Treasury note edged up to 2.05 percent from 2.04 percent late Friday. The 10-year Treasury yield began the year around 1.70 percent and has climbed steadily higher since then as worries about a recession have eased. Traders have shifted money out of the Treasury market, lifting yields up. Among other companies making moves Monday: Dick's Sporting Goods sank 11 percent to $45.11, after the retailer posted slightly weaker earnings and revenue than analysts had expected. The Pittsburgh-based company said it responded to a warm December by cutting its inventory of cold-weather clothes. But that move likely hampered sales when temperatures dropped in January. News that billionaire investor Carl Icahn will get access to Dell's private financial records lifted shares in the computer maker. Icahn is fighting Michael Dell's plan to take the struggling company private for $24 billion, claiming the purchase price is too low. Dell's stock rose 21 cents to $14.37.
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