While you were sleeping Wall Street pauses

Thu, 03 Apr 2014

By Margreet Dietz April 4 (BusinessDesk) – US equities slipped from record highs as investors awaited the government’s monthly employment data before making further bets on the American economy. A Labor Department report showed initial claims for state unemployment benefits climbed by 16,000 to a seasonally adjusted 326,000 last week. On Wednesday, ADP Research Institute data had showed US companies added 191,000 payrolls in March. Separately, the US trade deficit unexpectedly grew in February, rising 7.7 percent to US$42.3 billion, while th...

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