2011年10月5日星期三

US MARKET BREAKING NEWS, 5 OCT 2011

1. US September Layoffs Biggest Over Two Years: Challenger Report
 
2. Private Sector Employment Rose More than Expected, Up 91,000 in September: ADP 

3. Stocks opened lower Wednesday, even after a better-than-expected private sector employment report and despite optimism that a solution will be found to protect European banks from the effects of Greece's crisis.

4. ISM Non-Manufacturing Index at 53.0 in September vs. 53.3 in August.


 5. Stocks were modestly higher in another volatile session Wednesday, as investors digested a handful of better-than-expected economic reports and as euro zone leaders appeared ready to support the region's struggling banks.
RIM surged, while BofA slipped.

6.  Two more UBS executives resigned following the rogue trading scandal that cost the company billions. Francois Gouws and Yassine Bouhara, the co-heads of global equities, resigned as they "assume overall responsibility for the effective management of the equities business," UBS said.

7.Software giant Microsoft is reported to be considering a bid for Yahoo. Shares of Yahoo jumped.
 
8. Stocks rallied sharply in the final minutes of trading to finish near their highs in another volatile session Wednesday, buoyed by a handful of better-than-expected economic news and amid optimism over the euro zone.
 

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