Wednesday, October 03, 2007

Stocks lower with eyes on Friday's jobs report

11:46 am ET Oct 3, 2007

DJIA

14,020

-27.15

S&P

1,543

-3.12

NASDAQ

2,744

-3.05

10Yr

4.57%

+0.036

Stocks lower with eyes on Friday's jobs report


NEW YORK
U.S. stocks fell Wednesday, with losses in the technology sector
including chip maker and Dow component Intel Corp. weighing on the
market, with many participants preferring to remain sidelined ahead of
Friday's jobs report.

Economic Report: U.S. hiring weak again in September, ADP says

WASHINGTON
The housing and credit slumps are holding back job growth in the U.S.
private sector, according to the ADP employment report released
Wednesday.

Economic Report: ISM nonmanufacturing index falls to lowest level since
March

WASHINGTON
The nonmanufacturing side of the U.S. economy expanded in September at
the slowest pace since March, according to the Institute for Supply
Management.

Deutsche Bank sees profit growth despite $3.1 bln charge

LONDON
Echoing large international rivals, Deutsche Bank said Wednesday it will
take billions of dollars of charges due to the ongoing disruption in the
credit markets, but said other strongly performing units would pick up
the slack and the firm would still report a profit for the third
quarter.

MarketWatch poll: Majority worried about Oct. stock market crash

LONDON
A narrow majority of MarketWatch readers who responded to an online poll
this week said they are either "very" worried or "somewhat" worried
about a market crash this month.

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