WASHINGTON, Dec 9- The U.S. municipal bond market shrank at a record pace in the third quarter, and the amount of bonds held by households, the market's biggest investors, fell to the lowest level in nearly seven years, according to Federal Reserve data released on Monday.» Read More
*Fed buys $5.13 billion notes due 2017, 2018. NEW YORK, Dec 6- U.S. The market priced in most of a worse case scenario heading into the number, "said Aaron Kohli, an interest rate strategist at BNP Paribas in New York.
*Wall Street climbs after upbeat U.S. payrolls report. NEW YORK, Dec 6- Global equity markets surged and the dollar rose against the yen on Friday after stronger-than-expected U.S. jobs data boosted the case for the scaling-back of Federal Reserve stimulus later this month.
*J.C. Penney gets letter of inquiry from SEC. *Sears Holdings to spin off Lands' End business. NEW YORK, Dec 6- U.S. stocks climbed on Friday, putting the S&P 500 on track to halt a five-session losing streak, in the wake of a stronger-than-expected payrolls report.
*Fed to buy $4.25 billion to $5.25 billion notes due 2017, 2018. NEW YORK, Dec 6- U.S. "The market reacted pretty violently to the report and I think a lot of people got caught in the hole," said Charles Comiskey, head of Treasuries trading at Bank of Nova Scotia in New York.
NEWS: Sears Hometown and Outlet Stores Inc. said Friday that its third-quarter net income fell 12 percent, as the company continued to shape itself following its spinoff from Sears Holding Corp.. DETAILS: Hoffman Estates, Ill.- based Sears Hometown and Outlet shares began trading publicly last October.
Shares of Ulta Salon, Cosmetics& Fragrances Inc. plunged in premarket trading Friday a day after the beauty products retailer reported a fiscal fourth quarter forecast that fell well below analysts' expectations.
Sears Holdings said Friday that it will spin off its Lands' End clothing business as a separate company by distributing stock to the retailer's shareholders.
*U.S. crude for January delivery was up 9 cents at $97.47 a barrel by 0011 GMT- on course for a gain of more than 5 percent for the week, the most since the week to July 5. *Seaborne oil exports from OPEC, excluding Angola and Ecuador, will rise by 710,000 barrels per day in the four weeks to Dec. 21, an analyst who estimates future shipments said on Thursday.
NEW YORK, Dec 5- Treasury yields hit three-month highs and U.S. stocks closed down for a fifth straight day on Thursday as robust economic and labor market data raised expectations of an imminent cutback in the Federal Reserve's stimulus.
*Apple climbs after China Mobile says iPhone talks continue. *J.C. Penney falls on Morgan Stanley note. NEW YORK, Dec 5- U.S. stocks fell on Thursday, with the Dow and S&P 500 dropping for a fifth straight session after a round of mixed economic data left traders guessing as to when the Federal Reserve would begin to slow its stimulus program.
CHICAGO-- Grain futures were lower Thursday on the Chicago Board of Trade. Wheat for March delivery fell 9.75 cents to $6.52 a bushel; March corn were 3 cents lower at 4.3350 a bushel; March oats were 1 cent lower at $3.2575 a bushel; while January soybeans fell 1.50 cents $13.28 a bushel.
NEW YORK-- Shares of Celgene traded higher Thursday after a UBS analyst upgraded the biotechnology company, forecasting strong net income growth. He said Celgene's earnings and margins compare favorably to other health care companies.
NEW YORK, Dec 5- U.S. In addition, a report from the Labor Department showed initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 298,000 last week. "The bond market is saying tapering is coming," said Stan Shipley, bond strategist at ISI Group in New York.
Research in Motion Ltd. fell 4.2 percent to $5.88 with 12,299,100 shares traded. Cisco Systems Inc. fell. 7 percent to $21.10 with 25,265,700 shares traded. DryShips Inc. rose 5.3 percent to $3.58 with 15,238,500 shares traded.
NEW YORK-- A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. AT&T Inc. fell. 4 percent to $34.46 with 12,930,700 shares traded. Bank of America Corp. fell 1.3 percent to $15.42 with 48,632,600 shares traded.
NEW YORK, Dec 5- Treasury yields hit three-month highs and U.S. stocks edged lower on Thursday, under pressure for a fifth straight session, as robust economic and labor market data raised expectations of an imminent cutback of stimulus by the U.S.
*Apple hits 52- week high after China Mobile comments. *J.C. Penney falls on Morgan Stanley note. NEW YORK, Dec 5- U.S. stocks edged lower on Thursday after a round of mixed economic data left traders guessing how soon the Federal Reserve would begin to wind down an asset-purchase program that has helped equities rally.
Dec 5- Kroger Co, the biggest U.S. supermarket operator, on Thursday reported slightly lower-than-expected overall quarterly sales and joined other retailers in taking a cautious stance on the remainder of 2013, sending its shares down 4 percent.
CHICAGO-- Grains futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for March delivery was 9.75 cents lower at 6.52 a bushel; March corn was 3 cents lower at 4.3350 a bushel; March oats were unchanged at $3.2675 a bushel; while January soybeans was 8.50 cents lower at 13.21 a bushel.
NEW YORK, Dec 4- U.S. stocks ended lower on Wednesday for a fourth session while Treasury yields rose as traders were cautious ahead of jobs data later in the week that could determine whether the Federal Reserve will cut its stimulus soon.