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Stocks extend September rally after jobs report
(AP)
Summary Box: Stock market snaps a three-week slump (AP) AP - SEPTEMBER RALLY: The stock market had its first winning week in a month after better news on employment and manufacturing lifted shares. How the major stock indexes fared Friday (AP) AP - The stock market had its first winning week in a month after news on the economy started getting better. The Dow Jones industrial average jumped 128 points Friday, its fourth straight day of gains. Even after its four-day run, which added 438 points to the Dow, the index is still 6.8 percent below its April high. Stocks rally as jobs data spurs optimism (Reuters)
A look at economic developments around the globe (AP) AP - A look at economic developments and activity in major stock markets around the world Friday: Stocks jump after relatively upbeat US jobs data (AP)
European stocks soar on US data; dollar breaches 85 yen (AFP)
"Quote stuffing" a focus in flash crash probe (Reuters)
US Def Sec: Afghans should lead corruption fight (AP)
Report: SEC Investigating canceled trades (AP) AP - The Securities and Exchange Commission is looking into certain types of stock trade orders that could be distorting share prices and trading volume, according to The Wall Street Journal. European stocks drop before ECB rate call (AFP)
Ex-hedge fund manager charged with insider trading (Reuters) Reuters - A former hedge fund manager has been accused by a U.S. regulator of illegal insider trading in MedImmune Inc securities prior to the acquisition of the pharmaceutical company by Britain's AstraZeneca Plc. Some BofA shareholders can apply to tap $150M fund (AP)
Equities make bright start to September (AFP)
Strong Asian data boosts world stocks (Reuters)
SEC says it lacked authority to charge Moody's (AP) AP - The Securities and Exchange Commission has declined to seek fraud charges against Moody's Investors Services over its ratings of risky investments that led to the financial crisis. Fed approves sale of Morgan Stanley stock shares (AP) AP - The Federal Reserve has approved a request by a Chinese sovereign wealth fund to acquire up to 10 percent of the voting shares of New York investment giant Morgan Stanley. Summary Box: September the worst month for stocks (AP) AP - SEPTEMBER SLUMP: September is historically the worst month in the market and one of only three, along with February and June, when stock prices typically decline. The Standard & Poor's 500 index has declined an average of 0.6 percent in Septembers since 1950. September, February are worst months in market (AP) AP - No month has brought worse results in the stock market than September. Goldman swims downstream for PetroAlgae IPO (Reuters) Reuters - No client is too small for Goldman Sachs Group Inc these days, even a company with no revenue that's owned by a hedge fund specializing in penny stocks. ![]() |