U.S. stocks rocketed on data

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Source: Forexpros
U.S. stocks rocketed on Friday, as weaker-than-expected growth in American payrolls spurred bets the Fed will undertake more monetary stimulus. The Dow Jones Industrial Average added 0.3% to 13,312 points; the Standard & Poor 500 Index edged 0.25% higher, to 1,434.60, while Nasdaq 100 futures rose by 0.04%, to reach 2,826.75. 
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Fri, 07 Sep 2012 16:10:47 GMT

Bulding permits in Canada increased less than expected

On Friday, Statistics Canada reported that the amount of building permits in August grew to -2.3% on a seasonally adjusted basis from the figure of -2.5% in July. The growth is more modest than expected, since economists expected that the amount of building permits in Canada would increase to -2.0% last month.

Fri, 07 Sep 2012 16:54:35 GMT

Gold futures retreat from six-month high

Gold futures turned lower on Friday, September 7, retreating from the highest level in nearly six months reached the prior day. Bullion with December contract erased 0.5 per cent, to $1,697.10 per ounce. Elsewhere in the metals complex, prices were mixed. December silver lost 1.05 per cent to $32.335 per ounce, while copper for the same month jumped 1.04 per cent to $3.580 per pound.

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