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Bluefield Daily Telegraph in Bluefield, West Virginia

06 Dec 2006

Page 17

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Dec 06, 2006

Page

17

Wall Street climbs as wage cools and ISM signals growth

Stocks rise for a second straight day as Labor Department data show slower wage growth and productivity, easing inflation fears and boosting hopes of possible Fed rate cuts. ISM services index surprises to the upside at 58.9, helping market sentiment while bonds slip and the dollar strengthens.

MENTIONED IN THIS ARTICLE

Dow Jones Dow Dow Transportation Dow Utilities Nyse Composite S&p Russell Wilshire Nyse Amex Naspan Jinpan MTM Tech Ivanhle NatBerrg FoodTels Amrep CVDE Telestone ChinaTel AmeriBio DirectGon Bandag Halifax eMergers Havertya Continuere Chinatof Tamsan Centene PegasCaya Nastech Sabn Simulat S Vendingd H Uranerz Grace Intstatls EvolPet Protherics Criticare NeurMtrx Avngrd Wi Jomed Consumer WarnerMus Augusta Gn Siriuss Pfizer SPDR Fordm Yamanag Cisco Motorola Qiisvht Intel Fael Qualcom ExxonMbl Crystallxg Yahoo Hewlettp NY Home AEP NY IngerRd NY Aramark NY Intel Nasd Bb&tcp NY IBM NY BakrHu NY JohnJn NY Sq NY Kroger NY Cs NY Lowesl NY Chevron NY Marathon NY CitiComm NY Microsoft Nasd CocaCl NY MylanLab NY Come Sp Nasd NolBaksh S Nasd ConAgra NY NorflkSo NY ConsolEs NY Oracle Nasd Daimirc NY Penne NY Dell Incif Nasd Disney NY Pepsi Pfizer NY DomRes NY Praxair NY DuPont NY RexStrs NY Duke Gy NY SearsHidgs Nash Emrenél NY Tem ExxonMbl NY Fcmtybsh Nash UPS Ford NY Ussteel NY GenElec NY VerizonCm NY GnMott NY WalMart Australia Britain Canada Japan Mexico U.S Icaa P el Invest WshAp LV Cox Capibap Capigap Eupaca P IL Fidelity Invest Magelin LG Guard 500Adm SP Divintl IL Vanguard Vanguard Idx American Funds Bala Fidelity Invest LowPr FdinvAp Uard Wadsil LV R Invest Grounc Lc GroCo Lipper, Inc Nee Ees Scp New York Wall Street Federal Reserve Labor Department Central Bank Institute For Supply Management Scott Wren A.G. Edwards & Sons Standard & Poor Treasury
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Factory productivity slows as wages ease inflation fears

Washington AP report notes productivity rose 0.2 percent annual rate in Q3 July-September, below prior estimates, while wages per unit output rose 2.3 percent. Dow Jones gains, Fed rate outlook shifts toward possible March cut if inflation stays tame and economy weak. Factory orders dropped 4.7 percent in October, the largest fall in over six years, signaling broader manufacturing cooling.

MENTIONED IN THIS ARTICLE

New York Mercantile Exchange Labor Department Wren Federal Reserve Alan Greenspan Washington Commerce Department Fed Nariman Behravesh Global Insight Behravesh Dow Jones U.S
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PBGC Sets 49500 Maximum Benefit For 65 Retirees Next Year

The Pension Benefit Guaranty Corp announced a 3.9 percent rise to a 49500 annual limit for workers retiring at 65 next year. The PBGC insures 44 million people and uses a law based formula to set the cap, with 4125 monthly for 65 retirees.

MENTIONED IN THIS ARTICLE

PBGC Washington Pension Benefit Guaranty Corp
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