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US stocks up for third week
US stocks edged higher and bonds fell on Friday,in quiet trading ahead of the US Labor Day holiday weekend,on news of surprisingly strong growth in manufacturing in the Midwest.
Stocks pulled down by job data
Stocks dropped on Friday, pulled lower by an unexpected fall in jobs in August and a large institution's big trade moving money from stocks to bonds, traders said.
Job woes cast doubt on US recovery hopes
Growth at US Midwest businesses slowed sharply in September while consumer confidence plunged to the lowest level since the start of the Iraq war, according to two reports just released.
Stocks rise with growth in jobs
Stocks surged on Friday, racking up a third straight day of gains, after a report showing US employers added jobs for the first time in eight months boosted investors' expectations for an economic rebound.
Stocks, dollars drop on job data
Stocks fell on Friday, and the dollar slumped to another record low against the euro, as hopes for sustained US economic growth were dashed by downbeat US jobs data and an Intel Corp forecast.
Earnings season in US seen solid
US investors are gearing up for gains in the first full trading week of 2004 with Alcoa Inc kicking off what is widely expected to be a strong earnings season.
China bulls luring investors to Asia
Investors should turn to Asia for China-led share gains this year rather than rely on further advances in European equities or on Wall Street, European strategists and fund managers say.
Security firms must be more professional when hiring
IT WAS not long ago that I>The Star/Iwent 'undercover' to expose how anyone could walk into a security firm and get a job instantly.
US factories humming but jobs still elusive
Manufacturing in the United States surged to a 20-year high at the start of the year as factories scrambled to meet demand, while consumer spending increased modestly during the holidays, according to the latest reports.
Productivity gains account for the bulk of US growth
After fresh evidence last Friday of dramatically weak job creation, economists suspect productivity gains are yet again accounting for the bulk of US economic growth.