Archive for September 3rd, 2010

Stocks Hold Gains; Verizon, AT&T Slip

[at CNBC] – Stocks held gains after investors digested August jobs data that was largely better than expected, but still offered reason for concern, and news that service sector activity grew less than forecast.

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Stocks extend September rally after jobs report

[AP] – Stocks are on pace to break a three-week losing streak after an encouraging employment report lifted hopes about the pace of economic growth.

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Stocks Could Snap 3-Week Skid

[at The Wall Street Journal] – Stocks Could Snap 3-Week Skid Stocks rose as a better-than-expected jobs report encouraged investors, putting the market on track to snap a three-week losing streak. Markets Hub: Jobs: Better Than Expected Jobs Report Boosts Riskier Markets Data: Overview | Treasurys | Forex | Crude

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Stocks trim early gains after weak service data

[MarketWatch] – The major U.S. indexes get a boost from a report showing that job losses slowed more than expected in August, boosting hopes that the economic recovery is still on track.

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Tech Stocks: Take-Two gains highlight tech sector s advance

[at MarketWatch] – Tech stocks take to the high ground in recent activity, rising along with the broad market as investors get in a positive mood following a better-than-expected payrolls report and video game publisher Take-Two Interactive Inc. reports upbeat earnings.

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Financial Stocks: Financials rally on relief over August jobs report

[at MarketWatch] – The U.S. financial sector was set to end its solid week on a high note Friday as better-than-expected data fueled hopes the economic recovery isn t being derailed.

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US STOCKS-Wall St rises after payrolls data

[at Reuters] – * Payrolls better than expected * ISM shows services sector slowing * Indexes up: Dow 0.8 pct, S&P 0.9 pct, Nasdaq 1 pct

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Dow, S&P Pare Gains on Weak ISM Services Report

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Retail Stocks: Retail stocks cheered by jobs numbers; Ulta jumps

[at MarketWatch] – Retail stocks trade higher as investors react bullishly to data showing the U.S. economy shed fewer jobs than expected in August, raising prospects for an improvement in consumer sentiment and willingness to shop.

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Global staffing stocks climb on employment report

[at MarketWatch] – Staffing stocks climbed across the globe Friday in reaction to news that private-sector employment in the U.S. improved in August, including a 17,000 gain in temporary help. This industry has added 392,000 jobs since a recent employment low in September 2009, the Labor Department said.

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