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NEW YORK, Nov 29- U.S. stocks rose in early trading on Thursday on optimism that Congress was progressing toward a fiscal agreement in Washington that would avert a possible recession. Market participants are focused on discussions in Congress over avoiding big spending cuts and tax hikes, known as the "fiscal cliff," beginning in January.
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NEW YORK, Nov 29- The euro rose for a second straight day against the dollar on Thursday, boosted by positive European news and increased expectations U.S. lawmakers will agree on a deal to avert higher taxes and spending cuts in the world's largest economy.
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NEW YORK, Nov 29- An auction of Advance Auto Parts Inc failed to attract bids that met its price expectations, making it unlikely the auto parts retailer would proceed with plans to sell itself, according to four people familiar with the matter.
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January crude futures were up $1.92 at $88.41 a barrel at 9:30 a.m. EST, after gaining $2 to reach $89.49.
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NEW YORK, Nov 29- U.S. stocks rose at the open on Thursday, following a rally in the prior session, on expectations of progress toward a fiscal agreement in Washington that would prevent a possible recession. The Dow Jones industrial average gained 35.40 points, or 0.27 percent, to 13,020.51. The Nasdaq Composite Index rose 16.14 points, or 0.54 percent, to 3,007.91.
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NEW YORK, Nov 29- U.S. stocks were set to extend gains at the open on Thursday, following a rally Wednesday, on expectations of progress toward a fiscal agreement in Washington that would avert a recession.
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UNITED NATIONS- The U.N. General Assembly is set to implicitly recognize a sovereign state of Palestine on Thursday despite threats by the United States and Israel to punish the Palestinian Authority by withholding much-needed funds for the West Bank government.
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NEW YORK, Nov 29- U.S. stock index futures held gains after data on Thursday showed weekly initial jobless claims fell for a second consecutive week and the economy grew faster than initially thought in the third quarter.
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NEW YORK, Nov 29- U.S. stock index futures rose on Thursday, building on the previous session's steep gains, on expectations of progress toward a fiscal agreement in Washington that would avert an economic meltdown.
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NEW YORK, Nov 29- U.S. stock index futures advanced on Thursday, building on the previous session's steep gains, on expectations of progress toward reaching a fiscal agreement in Washington.
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The lawmakers, led by Senator Kirsten Gillibrand from New York, want the Environmental Protection Agency to propose rules that would slash the sulfur content in gasoline this year and to finalize them next year. Ed Whitfield, a Republican in the House of Representatives, introduced a bill this year to stop the EPA from issuing the rules.
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NEW YORK, Nov 29- The euro slipped from one-month highs against the dollar to trade just slightly higher on Thursday after comments by top Republican lawmaker John Boehner dented a spate of optimism over an agreement to avert higher taxes and spending cuts in the world's largest economy.
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NEW YORK, Nov 29- U.S. government debt prices rose on Thursday on safe-haven demand from investors who were nervous about the lack of progress in budget talks in Washington and before a $29 billion auction of seven-year notes.
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NEW YORK/ LONDON, Nov 29- Cocoa and sugar futures on ICE edged higher on Thursday, in line with firm commodity markets, as hopes rose that the United States would avert a fiscal crisis, while coffee pared earlier gains. "We have been trading in line with the macroeconomic headlines lately," said Andrey Kryuchenkov, an analyst at VTB Capital.
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MIAMI, Nov 29- Friday marks the end of an Atlantic- Caribbean hurricane season where the greatest devastation was caused by water rather than wind, U.S. National Hurricane Center Director Rick Knabb said. "We've been working toward a new storm surge warning for a few years now," Knabb told Reuters in an interview at the hurricane center in Miami. "
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*Research in Motion jumps on Goldman upgrade. NEW YORK, Nov 29- U.S. stocks climbed on Thursday, but shed some earlier gains, after John Boehner, the top Republican in Congress, poured cold water on hopes that lawmakers were getting closer to cutting a budget deal that would avert a possible recession next year.
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*Pace of job growth doesn't materially change labor market. NEW YORK, Nov 29- An influential Federal Reserve official on Thursday signaled some support for further asset purchases by the U.S. central bank in the new year, arguing that recent improvements in jobs growth is still not enough to materially change the struggling labor market.
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NEW YORK, Nov 29- Lockheed Martin Corp President Marillyn Hewson said on Thursday that talks with the Pentagon about a fifth batch of F-35 fighter jets were going well and an agreement was likely before the end of the year.
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*Economy grew at 2.7 percent pace in Q3, up from 2 percent. WASHINGTON, Nov 29- The U.S. economy grew faster than initially thought in the third quarter as restocking by businesses provided a big boost, but consumer and business spending were revised lower in a sobering reminder of the recovery's underlying weakness.
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Nov 29- Time Warner Inc on Thursday named Jeff Zucker, a former top executive at NBC, as president of its cable news network, CNN Worldwide, beginning in January.