World Week Ahead - Record start for week on Wall Street, as US jobs improve

Sun, 05 May 2013

By Margreet Dietz May 6 (BusinessDesk) – Wall Street kicks off the week at record highs, which might be all that's needed to underpin investors' faith in the road ahead. Friday's US payrolls report not only surpassed expectations about the number of jobs created in April, it also showed upward revisions to the previous two months to the tune of 114,000 extra workers. That went a long way to easing concerns about recent signs of a slowdown in the pace of the recovery. The unemployment rate dropped to a four-year low of 7.5 percent. Wall Stree...

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