All eyes on the Fed, big jobs Friday Traders will digest one of the most significant data releases of the summer for its implications on the timing of the first rate hike since 2006.
| By: Evelyn Cheng
UPDATE 1-FDA approves longer-term use of AstraZeneca blood thinner Sept 3- AstraZeneca Plc on Thursday said the U.S. Food and Drug Administration approved a new dose of its blood thinner Brilinta intended for longer-term use in patients with a history of heart attack or a condition known as acute coronary syndrome. The FDA approved Brilinta tablets at a new 60 milligram dose that would be taken along with aspirin beyond a year...
| By: Bill Berkrot
GLOBAL MARKETS-S&P 500 edges upward before U.S. jobs data; euro eases on ECB outlook NEW YORK, Sept 3- Stocks edged higher on Wall Street in another volatile session on Thursday while the euro fell 1 percent on a darkening euro zone outlook as investors grew cautious ahead of the closely watched U.S. monthly jobs report. Global stock markets rallied earlier following a pledge from European Central Bank President Mario Draghi to beef up or...
| By: Caroline Valetkevitch
How the Dow Jones industrial average fared on Thursday U.S. stocks moved slightly higher Thursday after investors were encouraged by comments from European Central Bank policymakers, who said they were willing to provide more stimulus to the region's economy, if needed. The Dow rose 23.38 points, or 0.1 percent, to 16,374.76. The Standard& Poor's 500 index added 2.27 points, or 0.1 percent, to 1,951.13.
Source: The Associated Press
| By: By The Associated Press
UPDATE 1-Sam's Club jumps into auto sales with TrueCar tie-up Sept 3- Sam's Club, the warehouse division of Wal-Mart Stores Inc, has tied up with online car-shopping service TrueCar Inc to make a full-fledged foray into auto sales, a fast-growing business for rival Costco Wholesale Corp.. Until now Sam's Club had allowed a third-party auto-buying service to market cars through its website but had not operated its own...
| By: Nathan Layne
GLOBAL MARKETS-Euro falls on ECB outlook; S&P 500 pares gains as focus on jobs data NEW YORK, Sept 3- The euro fell 1 percent on Thursday on a darkening euro zone outlook, while U.S. stocks pared sharp early gains to end barely higher as investors grew cautious ahead of Friday's August jobs report. Global stock markets rallied earlier in the session following a pledge from European Central Bank President Mario Draghi to beef up or prolong the...
| By: Caroline Valetkevitch
Treasurys subdued as traders take to the sidelines U.S. sovereign bonds ticked higher on Thursday, pushing down yields, in cautious trade after a volatile week and ahead of some key data releases and a European Central Bank meeting.
| By: Karma Allen