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November Snapshot - More Bad News for Team Pelosi
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<blockquote data-quote="klein" data-source="post: 765776" data-attributes="member: 23950"><p>Typical Foxnews. More scare tactic, while investors enjoyed solid big gains all week, including today !</p><p> </p><p><strong>Stock markets open higher as U.S. employment data beats forecasts</strong></p><p></p><p><span style="color: #999999">Fri Sep 3, 9:52 AM</span></p><p> </p><p>The U.S. Labour Department reported that the economy shed a total of 54,000 jobs last month, due largely to the termination of temporary government census jobs.</p><p>However, investors were particularly pleased to see that the U.S. private sector created 67,000 jobs last month, much higher than the 40,000 or so that analysts expected.</p><p> </p><p>Sentiment in the markets had improved over the last couple of days after a run of strong economic data from around the world, particularly manufacturing data out of the U.S. and China, which helped shore up stocks.</p><p>The TSX ended Thursday ahead 107 points to a three-and-a-half month high.</p><p>New York markets also sharply advanced with the Dow Jones industrial average ahead 114.2 points to 10,434.3.</p><p>The Nasdaq composite index rose 31.47 points to 2,231.48 while the S&P 500 index gained 14.75 points to 1,104.85.</p></blockquote><p></p>
[QUOTE="klein, post: 765776, member: 23950"] Typical Foxnews. More scare tactic, while investors enjoyed solid big gains all week, including today ! [B]Stock markets open higher as U.S. employment data beats forecasts[/B] [COLOR=#999999]Fri Sep 3, 9:52 AM[/COLOR] The U.S. Labour Department reported that the economy shed a total of 54,000 jobs last month, due largely to the termination of temporary government census jobs. However, investors were particularly pleased to see that the U.S. private sector created 67,000 jobs last month, much higher than the 40,000 or so that analysts expected. Sentiment in the markets had improved over the last couple of days after a run of strong economic data from around the world, particularly manufacturing data out of the U.S. and China, which helped shore up stocks. The TSX ended Thursday ahead 107 points to a three-and-a-half month high. New York markets also sharply advanced with the Dow Jones industrial average ahead 114.2 points to 10,434.3. The Nasdaq composite index rose 31.47 points to 2,231.48 while the S&P 500 index gained 14.75 points to 1,104.85. [/QUOTE]
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