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3/30/11

Wall Street Opens Up Lead Wednesday?


Make Money Blog$;ew York - Stock index futures pointed toward the opening of trading on Wall Street rally on Wednesday (30 / 3) as investors look ahead to the ADP employment data that could provide clues on the report Friday, that is, non-farm payroll.
Quoting Reuters, the shares have been very difficult. Oil steady on Wednesday. "I think people feel that the overall economy rose ... I think the labor market is the most important thing," said Nigel Travis, CEO of Dunkin Brands told CNBC.
ADP employment data that will be released at 08:15 New York time, estimated at 210,000 in March compared with 217,000 in February, according to Briefing.com poll. Separately, the release of the Challenger report the number of layoffs for March will be announced at 7:30. Mortgage Bankers Association released a weekly index of mortgage at 7 am.
European stocks rose to its highest level in three weeks on Wednesday morning trade, supported the strengthening of industrial and car maker Porsche to increase because the period of subscription that will enhance the company's capital. Bank of Ireland preparing for publication a stress test on Thursday, which may reveal the need for fresh funds, Reuters reported.
Banks and insurance companies withdraw their shares on the Irish stock market Ireland Wednesday after media reports that the Irish government will take majority stake in it following the publication of a new stress test. Japanese cars continue to fight. Approximately 13% of worldwide car production has been disrupted and the situation is still far from stable.
Honda said it will reduce production at factories United States and Canada starting on Wednesday. The company has halted production at two factories in Japan. Toyota says U.S. dealer for limit orders. Chemical company DuPont [DD 54.59 0.66 (1.22%)] is one that shares the spotlight Wednesday after complete takeover of Denmark's Danisco U.S. $ 6 billion.source: inilah. com

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