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  • March 4- Wall Street was lower on Friday morning after the data showed U.S. economy added more jobs than expected in February, easing concerns about a recession and suggesting there was room for the Federal Reserve to gradually raise interest rates this year. Nonfarm payrolls increased by 242,000 jobs last month, the Labor Department said on Friday.

  • NEW YORK, March 4- U.S. The Labor Department said nonfarm payrolls increased by 242,000 last month. "It's a strong number overall, but the market is taking it in stride because even though the headline was stronger, the market is, for the most part, also looking at details including average hourly earnings," said Subadra Rajappa, head of U.S. rates strategy at SG...

  • detention@ NEW YORK, March 4- Brazil's stock market and currency surged to their highest in at least six months after police detained former president Luiz Inacio Lula da Silva for questioning on Friday in an investigation of a bribery and money laundering scheme. A London- listed Brazilian exchange traded equity fund jumped more than 11.0 percent to a...

  • *European stocks up for third week, best in 5 months for Asia. LONDON, March 4- The U.S. dollar rose along with stocks on Friday after data showed the labor market in the United States was in good shape, fanning expectations the Federal Reserve will gradually raise interest rates this year. Data from the U.S. Labor Department showed nonfarm payrolls grew by 242,000...

  • *Weekly jobless claims rise but labor market stays strong. March 3- Wall Street moved higher on Thursday, adding momentum to a recent recovery as the energy and financial sectors emerged into positive territory for the year. "That is a positive and I think there's reason to look at that with some hope," said Andrew Bodner, president of Double Diamond Investment Group...

  • NEW YORK, March 3- U.S. "The oil move versus the intraday move in Treasuries looks very correlated," said Subadra Rajappa, head of U.S. rates strategy at SG Corporate& Investment Banking in New York. Limiting rising Treasury prices were concerns surrounding Friday's employment report, which is expected to show employers added 190,000 jobs in February, according to...

  • *Weekly jobless claims rise but labor market stays strong. March 3- U.S. stocks edged higher on Thursday, building on a recent recovery as a rally in energy stocks offset dips in health and technology shares. "A lot of times you'll see a head fake and this potentially could be," said Andrew Bodner, president of Double Diamond Investment Group in Parsippany, New Jersey.

  • *Brazil, S Africa shares touch three-month highs. NEW YORK, March 3- World stock markets touched a two-month high on Thursday, led by gains in emerging market stocks, as positive economic and political news soothed concerns about global growth and commodities prices extended their recovery. Brazil's Bovespa index rose nearly 5 percent after news that could...

  • NEW YORK, March 3- Investors willing to bet the recent signs of improvement in the U.S. economy will continue may want to turn their attention to the beaten-down bank sector ahead of Friday's employment report. The S&P financial sector is down more than 8 percent for the year, the worst-performing of the 10 major S&P sector groups. "It is unbelievable," said Art Hogan,...

  • probe@ SAO PAULO, March 3- Brazil's real currency and stocks rallied on Thursday on news that President Dilma Rousseff could be implicated in a sweeping corruption scandal and bets that the central bank could take longer to cut interest rates. Analysts said the scandal bolsters the case for Rousseff's impeachment, encouraging investors who blame her Worker...

  • *Weekly jobless claims rise, but labor market remains strong. *ISM non-manufacturing data slips to 53.4 but beats expectations. March 3- U.S. stocks were slightly lower in late morning trading on Thursday as investors parsed a barrage of economic data and awaited the monthly jobs report.

  • Shares of the largest U.S. supermarket operator fell 5.4 percent to $38.40 in premarket trading on Thursday. Kroger's total sales rose 3.8 percent to $26.17 billion, but came in below the average analyst estimate of $26.29 billion, according to Thomson Reuters I/B/E/S. Net income attributable to Kroger rose to $559 million, or 57 cents per share, in the fourth...

  • NEW YORK, March 2- A late bounce on Wall Street, backed by a rise in oil prices, helped propel a measure of global equity markets to its highest in nearly two months on Wednesday. The march upward by oil likely shows selling in the commodity has "washed out," said Jack Ablin, chief investment officer at BMO Private Bank in Chicago. Oil production has hit record levels and...

  • March 2- Energy and bank stocks led Wall Street higher on Wednesday, adding to a rally in the previous session, after strong jobs data dispelled concerns over the health of the U.S. economy. "I've been encouraged by the economic numbers," said Gary Bradshaw, portfolio manager of Hodges Capital Management in Dallas, citing jobs and manufacturing data.

  • NEW YORK, March 2- U.S. "Between yesterday and today's data one thing that's coming across is that the U.S. economy isn't as bad as markets have been pricing in and things are actually getting better," said Cheng Chen, interest rates strategist at TD Securities in New York. "The ADP adds to beliefs the job market is OK and that was one of the fundamental factors behind the...

  • March 2- Stocks were slightly higher on Wall Street on Wednesday as gains in energy and banks buoyed the S&P 500.. "I've been encouraged by the economic numbers," said Gary Bradshaw, portfolio manager of Hodges Capital Management in Dallas, citing jobs and manufacturing data. Crude prices hovered in and out of negative territory with U.S. crude reaching $35.17 at...

  • *Europe stocks eye longest winning streak in five months. NEW YORK, March 2- A measure of global equity markets on Wednesday rose to the highest in nearly two months, pushed upward by positive U.S. economic data that was complemented by stimulus measures in China and expected easing in Europe. "We've seen some signs of strength in the economy," said Peter Jankovskis,...

  • March 2- Wall Street was slightly lower in muted trading on Wednesday as a fall in materials stocks offset gains in energy shares, a day after all three major indexes recorded their best day in more than a month. The report by payrolls processor ADP serves as a precursor to the more comprehensive monthly jobs report by the U.S. Labor Department on Friday.

  • March 2- Wall Street was little changed on Wednesday as gains in energy stocks were offset by declines in utilities and materials. The report serves as a precursor to the more comprehensive monthly jobs report by the U.S. Labor Department on Friday. "We're in a holding pattern until Friday, when we get the payrolls number," said Jeff Kravetz, regional investment...

  • NEW YORK, March 2- U.S. "The ADP adds to beliefs the job market is OK and that was one of the fundamental factors behind the FOMC decision to start to normalize," Kim Rupert, managing director of global fixed income at Action Economics in San Francisco, told Reuters in the Global Markets Forum. The Federal Open Market Committee, the U.S. central bank's policy-setting...