Tag: purchasing managers index
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Stocks Open Lower as Europe Weighs
U.S. stocks opened lower Friday as Europe’s debt troubles overshadowed a drop in the U.S. jobless rate. The Dow Jones Industrial Average lately fell 71.59 points to 11,972.88. The S&P 500 Index fell 8.04 points to 1,253.11. The Nasdaq Composite fell 13.96 points to 2,684.01. The American economy added 80,000 jobs in October, and job…
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Stocks Rebound on Private Sector Payrolls
U.S. stocks bounced at the open on Wednesday after data had U.S. companies adding more jobs than expected in October and ahead of a statement on the economy from the Federal Reserve. The Dow Jones Industrial Average lately added 124.80 points to 11,782.76.The S&P 500 Index rose 14.32 points to 1,232.60. The Nasdaq Composite added…