NewsMine — economy — united-states — 2003 — 2003-nov-dec — Viewing Item

Us stocks dip after jobs data Original Source Link: (May no longer be active)    http://www.forbes.com/home_asia/newswire/2003/11/13/rtr1146609.html http://www.forbes.com/home_asia/newswire/2003/11/13/rtr1146609.html U.S. stocks set to dip after jobs, trade data Reuters, 11.13.03, 8:53 AM ET (Updates with economic data) NEW YORK, Nov 13 (Reuters) - U.S. stocks were set to open slightly lower on Thursday, after strong gains in the previous session, as investors react coolly to uninspiring jobs and trade data and a small earnings disappointment from Wal-Mart. Data early on Thursday showed the number of initial claims for unemployment insurance rose slightly above economists' estimates, while the U.S. trade deficit widened in September on a record amount of imports. Stock futures traded lower after the data, below fair value, suggesting a lower open. On the corporate front, International Business Machines Corp. (nyse: IBM - news - people) offered some good news as its top executive said late Wednesday he expects technology spending to increase moderately in 2004. But Wal-Mart Stores Inc. (nyse: WMT - news - people), the world's biggest company, just missed Wall Street expectations with quarterly results announced early on Thursday. Stocks rose in the previous session, ending just shy of 2003 closing highs, as investors snapped up shares -- particularly in the semiconductor and biotech sectors -- that were slapped lower in the market's previous three-session slide. Copyright 2003, Reuters News Service

Companies overworking employees { November 12 2003 } Dollar 11 year low versus pound Dollar depreciation eats up opec gains Dollar falls to fresh low against euro { November 18 2003 } Economy booms ahead on investment surge End of steel tariff yield economic relief Extremely low inflation { December 5 2003 } Gold over 400 as euro strengthens { December 1 2003 } Gold price rises 20 percent over year { January 1 2004 } Jobless count skips millions { December 29 2003 } Market waiting for jobless claims employment { November 5 2003 } Nov consumer confidence at 14 month high Personal bankruptcy filings jump 8 percent Profit taking after 6 day gain drops dow Stocks at year highs after saddams capture Stocks rally as dow closes above 10 000 { May 24 2002 } Trade defecit china record high Unemployment indicators misleading few jobs added { January 9 2004 } Us jobless september claims higher { November 13 2003 } Us stocks dip after jobs data Files Listed: 20

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