While you were sleeping Data bolsters US stocks

Wed, 03 Oct 2012

By Margreet Dietz Oct 4 (BusinessDesk) - Wall Street advanced as reports on employment and services bettered expectations, leaving investors relieved that the world's largest economy is still expanding. Private payrolls rose by 162,000 in September, according to the ADP National Employment Report. Investors opted to focus on the fact that the number surpassed forecasts. Still, it was below the 189,000 jobs added in August. Separately, the Institute for Supply Management’s non-manufacturing index advanced to 55.1 in September, from 53.7 in Au...

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