US MARKET BREAKING NEWS 3-08

1. Comcast Earnings Ex-Items of 42 Cents a Share Edge Street Targets by a Penny

2. Private Payrolls Grew 114,000 in July, Beating Forecasts of 95,000, ADP Says

3. Stocks gained at the open Wednesday, following a massive selloff in the previous session, after a reading on private sector employment came in stronger than expected. Gold jumped to hit another record high above $1,666 an ounce.

4.ISM Non-manufacturing Gauge Misses Estimates at 52.7; Factory Orders Down 0.8%, Not as Bad as Feared

 

5. European Shares Extend Losses on Weak US Figures

6. Stocks were lower in choppy trading Wednesday, following a handful of tepid economic news and amid growing uncertainty over the euro zone crisis in addition to a possible U.S. credit downgrade. All key S&P sectors slumped, while gold soared above $1,670 an ounce.

7. Stocks recovered from a sharp selloff in volatile trading Wednesday with the Dow breaking an eight-day losing streak, despite a handful of weak economic news, ongoing euro zone jitters and a possible U.S. credit downgrade.