Wall Street ended the first week of the third quarter with a respectable gain Friday, shaking off early losses as investors found signs of strength in the government’s June employment report.
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Wall Street ended the first week of the third quarter with a respectable gain Friday, shaking off early losses as investors found signs of strength in the government’s June employment report.
Original post by FeedZilla
Stocks overcame early losses and closed higher Friday amid a healthy jobs report, capping a short week with good gains.
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The NASDAQ rose for the fourth straight session Friday, completing a clean sweep on a holiday-shortened week.
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Economies around the globe are putting the pedal to the metal. Companies are flush with cash.
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Transmeta has the chips, AMD has the cash.
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Traders place bets on takeover activity surrounding Macy’s and Target.
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Dennis R. Glass, the former CEO of Jefferson-Pilot Corp., has been named the new CEO of Lincoln National Corp., replacing Chairman and CEO Jon Boscia in that role.
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Stocks sailed into the weekend as investors cheered June’s jobs report showing modest economic growth, which could keep the Federal Reserve on the sidelines for now.
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Strength in key economic sectors—and indications of stubborn inflation—leave the Fed chief in a tricky spot for his congressional testimony
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