Better-than-expected US jobs figures boost markets

A better-than-expected US employment report distracted traders from eurozone woes and boosted markets on both side of the Atlantic.

Wed, 02 Nov, 2011 - 14:42

A better-than-expected US employment report distracted traders from eurozone woes and boosted markets on both side of the Atlantic.

Wall Street’s Dow Jones Industrial Average was more than 1% higher after payroll firm ADP said companies added 110,000 new staff in October, ahead of City expectations of 100,000.

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CourtsBusinessHeathrowPlace: USPlace: AtlanticPlace: LondonPlace: UKPlace: CambridgePerson: Prime Minister George PapandreouPerson: PapandreouPerson: presidentPerson: Nicolas SarkozyPerson: ChancellorPerson: Angela MerkelPerson: Antonio Horta-OsorioOrganisation: Wall StreetOrganisation: ADPOrganisation: MastercardOrganisation: MarkitOrganisation: CIPSOrganisation: BarclaysOrganisation: Royal Bank of ScotlandOrganisation: Lloyds Banking GroupOrganisation: LloydsOrganisation: Arm HoldingsOrganisation: Hewlett-Packard
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