Wall Street up again after factory, jobless claims data

11:51 am ET Oct 4, 2007

DJIA

13,966

-1.62

S&P

1,541

+1.57

NASDAQ

2,731

+1.90

10Yr

4.54%

-0.002

Wall Street up again after factory, jobless claims data

NEW YORK
U.S. stocks on Thursday resumed an initial climb after detouring lower
in the face of a larger-than-anticipated drop in factory orders and a
modest rise in jobless claims, all ahead of Friday's employment report,
viewed as key in Federal Reserve interest-rate moves ahead.

Economic Report: U.S. Aug. factory orders see biggest drop since Jan.

WASHINGTON
New orders for U.S.-made factory goods dropped 3.3% in August, led by a
decline in demand for transportation equipment, the Commerce Department
reported Thursday.

Economic Report: U.S. jobless claims rebound in latest week

WASHINGTON
First-time filings for state unemployment benefits rebounded in the
latest week after tumbling to their lowest level since mid-May a week
ago, the Labor Department reported Thursday.

'Halo 3' sales top $300 million mark in first week

SAN FRANCISCO
The "Halo 3" juggernaut continues, as Microsoft said Thursday morning
that the popular action game has racked up sales of more than $300
million globally in its first week on the market.

Study finds drug-coated stents safe for high-risk patients

BOSTON
A study published Wednesday in a leading medical journal has found that
the use of drug-coated rather than bare-metal stents resulted in the
need for fewer repeat procedures and did not significantly raise the
risk of heart attack in certain high-risk patients.