DAI: Jobs data optimism fuels Wall St rally

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	03/3/2011
Good evening Pan LATEST NEWS Jobs data optimism fuels Wall St rally NEW YORK (Reuters) - Investors betting on a big gain in U.S. payrolls pushed Wall Street to its best one-day rally in three months on Thursday, but weak volume lingers as a concern for those hoping for another leg higher. | Full Article PIMCO's Gross urges slow pace of deficit cuts March 03, 2011 03:23 PM ET NEW YORK (Reuters) - Bill Gross, co-chief investment officer of PIMCO, the world's biggest bond fund manager, on Thursday urged lawmakers to cut the massive federal deficit but not so swiftly as to choke off the nascent economic recovery. | Full Article Fed's balance sheet hits record in latest week March 03, 2011 04:32 PM ET NEW YORK (Reuters) - The U.S. Federal Reserve's balance sheet expanded to a record size in the latest week, as the central bank continued to purchase bonds, Fed data released on Thursday showed. | Full Article Data points to strengthening growth, jobs March 03, 2011 03:53 PM ET WASHINGTON (Reuters) - The number of Americans filing new claims for jobless aid hit the lowest level in more than 2-1/2 years last week and service sector hiring picked up in February, signs the labor market recovery was quickening. | Full Article Oil falls on profit taking, Libya plan eyed March 03, 2011 04:06 PM ET NEW YORK (Reuters) - Oil prices fell from near 2-1/2-year highs on Thursday as traders took profits after Venezuela pitched a plan to resolve the Libyan crisis, even though the market was deeply skeptical about whether it would work. | Full Article US TOP NEWS Libya government accepts Chavez mediation plan: Venezuela March 03, 2011 02:37 PM ET CARACAS (Reuters) - The Libyan government has accepted a plan by its ally, Venezuelan President Hugo Chavez, who is seeking talks to end the uprising in the North African country, a Chavez spokesman said on Thursday. | Full Article Gaddafi bombs oil areas, faces crimes probe March 03, 2011 02:57 PM ET AL-UQAYLA, Libya (Reuters) - Muammar Gaddafi struck at rebel control of a key Libyan coastal road for a second day Thursday but received a warning he would be held to account at The Hague for suspected crimes by his security forces. | Full Article Wisconsin lawmakers talk but no deal on unions March 03, 2011 02:40 PM ET MADISON, Wisconsin (Reuters) - Absent Senate Democrats in Wisconsin are in talks with the majority Republicans about possible compromises to end a stalemate over a bill to strip public sector unions of most bargaining rights. | Full Article Judge refuses to halt new healthcare law March 03, 2011 01:45 PM ET MIAMI (Reuters) - A judge put on hold his ruling that President Barack Obama's sweeping healthcare law was unconstitutional pending appeal, allowing the White House to continue implementing the reforms aimed at lowering soaring healthcare costs. | Full Article Obama and Calderon seek to ease tensions March 03, 2011 03:45 PM ET WASHINGTON (Reuters) - President Barack Obama and Mexican President Felipe Calderon vowed greater cooperation to combat drugs and arms smuggling and ease trade tensions as they sought to smooth over cross-border differences. | Full Article HEALTH NEWS Mom's smoking ups risk of heart defects in baby U.S. judge refuses to halt new healthcare law IKEA recalls coffee/tea makers over cut and burn risk: government Better than a BMI? New obesity scale proposed Hidden veggies lower calories, may help shed pounds RELATED VIDEO Euro soars on ECB inflation talk News Corp closer to BSkyB takeover Jobless claims sink to 2-1/2 year low A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Man speeds with wife on hood of minivan? Full Article Judge lends accused gangster tie for trial Pizza maker charged with using mice against competition California woman sues after slipping on banana peel Camera prettifies subjects, even adds "makeup" UK investigates fish spa pedicures on health issues - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend