U.S. shares retreat after payrolls data

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Source: Bloomberg
U.S. shares retreated, after equities bounced off from three straight day decline, as investors speculated on ADP payrolls that were better than previously expected. U.S. companies increased payrolls by 238,000 last month, according to ADP Research Institute. The Standard & Poor's 500 Index slipped 0.1% to 1,835.36 as of 9:33 a.m. New York time; however, the gauge rallied 30% in 2013, the most in 16 years.
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Wed, 08 Jan 2014 16:02:04 GMT

U.S. employment inches up as economy rebounds

Private employment in the U.S. in non-farm sector managed to increase its pace of growth to the largest level since 2012 in December of the last year, showing the overall optimist on the labor market. Payrolls surged 238,000 after revised 229,000 in November, while analysts expected them to drop to 200,000. The recovering labor market may lead to faster Fed

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