Jobs surge as payrolls rise fastest in four years
U S employers added 308000 workers in March, unemployment nudging up to 5.7 percent as more people reentered the labor force. Wall Street rose with the Dow up 97 to 10470.59 and Nasdaq at 2057.17. President Bush touted the gains amid a re election hinge on the job market.
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Washington
Labor Department
Wall Street
Bush
West Virginia
John Kerry
America
Kerry
Sherry Cooper
BMO Nesbitt Burns
Ryan Beck & Co
Federal Reserve
Jobs surge lifts stocks as March adds 308000
Strong jobs report boosts stocks on Wall Street with 308 000 new jobs in March. The Dow and Nasdaq log weekly gains, revisions lift January and February figures, and the unemployment rate ticks to 5.7 percent as more people rejoin the labor pool.
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New York
Wall Street
Labor Department
Joseph Battipaglia
Stock indexes rise on gains across markets
Broad market gains lifted indicators with the Standard & Poor's 500 up 9.64 to 1,141.81 and the Nasdaq climbing 42.16 to 2,057.17. Broader stock indicators also rose as investors priced in positive momentum.
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Standard & Poor
Grain futures rise on Chicago Board of Trade
Grain futures mostly higher while soybean futures climb on Friday trading in Chicago. May wheat gains to 4.16 a bushel, May corn up 0.04 to 3.30, May oats down 0.01 to 1.774. May soybeans rise 0.16 to 10.45 a bushel.
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Chicago
Chicago Board of Trade
Tyco case ends in mistrial amid juror pressure
In New York AP reports a mistrial was declared minutes before verdict in the Tyco grand larceny case against former CEO L Dennis Kozlowski and former CFO Mark Swartz after a juror received an intimidating letter and phone call. Prosecutors plan a retrial on charges they looted $600 million, with potential penalties up to 30 years.
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New York
Tyco
Tyco International
L. Dennis Kozlowski
Mark Swartz
Eastern Cornbelt carcass prices drift lower at stockyards
Eastern Cornbelt carcass prices moved lower across weights with 0.5 to 0.9 inch bf ranges between 55.00 and 73.41. Illinois direct hog purchases total 13 145 with steady to 1.00 lower trend and light to moderate demand for heavy offerings. Boars show 27.00 to 33.00 for under 300 lbs and 8.00 to 10.00 for over 300 lbs.
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Alcoa Inc
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Springfield
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