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Dow rockets past 15,000 for first time after lastest jobs report

The Dow Jones Industrial Average rose above 15,000 for the first time Friday following a solid US jobs report. At 1429 GMT, the Dow reached 15,000.54, up 173.96, or 1.17 percent. The rise followed a US Labor Department report that showed the US economy added 165,000 jobs in April, well…

Despite U.S. budget mess, Dow reports 5-year high

The Dow Jones Industrial Average reached a new five-year high Friday as investors looked past the risks to the economy of impending federal spending cuts and bid up equities. The Dow jumped 35.17 points (0.25 percent) to 14,089.66, less than 100 points from all-time high of 14,164.53 on October 9,…

Dow Jones takes 275 point hit after bad jobs report

NEW YORK — US stocks dropped more than two percent Friday, with the Dow turning negative for the year for the first time, after poor labor market figures showing a meager 69,000 jobs were added in May. That combined with dismal data on industry from the US, Europe, China and…

Dow surges to highest level since 2008 on solid U.S. data

NEW YORK — US stocks surged higher Thursday helped by buoyant data on new jobless claims and housing starts, with the Dow reaching its highest level since May 2008. Positive signs for the US economy poured in, with the weekly report of new claims for unemployment benefits falling to their…

European Union denies US snoops access to electronic banking data

A U.S. push to legally access data generated by Europe’s electronic banking activity has been rebuffed by EU lawmakers in a vote of parliament, according to published reports. Though U.S. snoops have been allowed to access data through the Society for Worldwide Interbank Financial Telecommunication (Swift) since the beginning of…