Wall Street eyes service sector report
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Summer's here, and investors will be watching to see if this week's economic data and the recent dealmaking surge can keep stocks from succumbing to the seasonal doldrums.
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Stock index futures looked set for a weaker Wall Street open on Tuesday before a key economic report forecast to show a dip in manufacturing activity last month.
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Wall Street is set to open up on  Wednesday, recovering from the previous day's frantic sell-off,  after calming remarks from China as investors look ahead to U.S  preliminary GDP figures to judge the health of the economy.
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Stock index futures suggested Wall Street may rebound on Thursday as a fresh round of earnings could shift investors' focus back to corporate profitability and away from the deteriorating subprime credit market.
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Stock index futures pointed to a  slightly lower market open on Tuesday before comments from  Federal Reserve Chairman Ben Bernanke and data that should shed  light on the health of the vast services sector.
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Wall Street may be on the defensive  this week if reports on housing and growth suggest the United  States economy is headed for an acute slowdown.
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NEW YORK - The stock market that meandered through September could gain some direction in the week ahead as the Labor Department releases its latest report on job creation.    For all the economic data that Wall Street parses and analyzes every day, the jobs report, scheduled for release Friday, is one of the few that seem to encapsulate the economy as a whole...
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Stock index futures pointed to a slightly lower market open on Tuesday before comments from Federal Reserve Chairman Ben Bernanke and data that should shed light on the health of the vast services sector.
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Wall Street faces home sales data and more earnings reports this week, as it decides whether growth is strong enough to justify pushing the Dow Jones industrial average back above 14,000.
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Wall Street may find itself on the  defensive next week if reports on housing and growth suggest  that the United States economy is headed for an acute slowdown  despite the Federal Reserve's pause in its two-year cycle of  interest-rate increases.
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Stocks rose on Tuesday as a report showing unexpected strength in the services sector boosted hopes that profit growth would withstand fallout from a slowing housing market.
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U.S. and European banks including  Citigroup Inc  and HSBC Holdings PLC  are mulling  sales of parts of their businesses from branches to entire  units in a nod to crunch times ahead, the Wall Street Journal  reported on its Web site on Thursday.
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Dow Jones & Co. , which has been in talks on a takeover by News Corp. , will meet with supermarket magnate Ron Burkle as Dow Jones explores its options, according to a report in the online edition of the Wall Street Journal.
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Shares plunged after a service-sector report provided another signal that the U.S. may be in the early stages of a recession.
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NEW YORK - Investors will be looking ahead to the Federal Reserve&#39;s meeting and third-quarter earnings forecasts in Wall Street&#39;s short trading week after the Labor Day holiday.
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Stock index futures indicated a mixed  start on Wall Street on Friday before jobs data which will be  scrutinized for clues on the strength of the world's largest  economy which looks to be headed towards recession.
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Wall Street's merger-fueled rally may continue this week, so long as Friday's payrolls report and other economic news don't spoil the party.