Today's Top Stories - September 4, 2015  

 

BEWARE THE BELL! U.S. stock index futures pointed to a sharply lower open on Friday as traders digested nonfarm payrolls—one of the most significant data releases of the summer for its implications on the timing of the first rate hike since 2006 More

Job creation slips in August, rate falls The U.S. economy added 173,000 jobs in August, lower than expected, while the unemployment rate fell to 5.1 percent More

Steep drop seen as anxious market awaits jobs data Futures pointed to a sharply lower open ahead one of the most significant data releases of the summer More

All eyes on the Fed, big jobs today Traders will digest one of the most significant data releases of the summer for its implications on the timing of the first rate hike since 2006 More

Flight from stocks fails to lift bonds More

EUROPE: European markets fell sharply on Friday, as fears surrounding the U.S. nonfarm payrolls report weighed on sentiment More

ASIA: Asian stocks declined on the final trading day of the week, as investors awaited the U.S. nonfarm payrolls report for August that may play a crucial role in the Federal Reserve's decision about when to lift interest rates More

OIL: Oil prices fell on Friday, pushing benchmark North Sea Brent crude down towards $50 a barrel, after a cut in European growth forecasts heightened worries over the outlook for demand at a time of huge oversupply More

GOLD: Gold held declines from a two-day losing streak on Friday, ahead of a crucial U.S. jobs report as traders waited for clues about the timing of a Federal Reserve rate hike More

XXX … Charitable Pornhub offering college scholarship For students seeking to make some extra bucks to pay for tuition, Pornhub may be able to help. The adult video website is offering a $25,000 scholarship to a legal age college student who likes making others happy More

Almost Half Of US States Are Officially Broke Last month, we documented the case of Louisiana State University, the large, well-known public institution whose 2014 enrollment totaled nearly 31,000 students. LSU, it turns out, is facing funding cuts of as much as 82% which, if realized, would likely force the school into financial exigency, the college equivalent of bankruptcy. The reason for the cuts: the sharp decline in oil prices and fiscal mismanagement have conspired to blow a $1.6 billion hole in the state’s budget More

These stocks will soon lead the market: Traders After a tumultuous stock selloff that put all major U.S. indexes in the red for the year, some traders say that the most battered sectors of the market could lead the way on a bounce back More


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