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To: Mr. Big who wrote (88198)8/6/1999 8:37:00 AM
From: Mr. Big  Respond to of 119973
 
STRONG JOBS REPORT MAKES FED RATE HIKE MORE LIKELY.
08:29 JULY HOURLY WAGES RISE 0.5%, FAR HIGHER THAN EXPECTED.
08:29 JULY MANUFACTURING PAYROLLS UP 31,000, FIRST GAIN SINCE END OF GM STRIKE.
08:29 JULY JOBLESS RATE REMAINS 4.3%.
08:29 JULY PAYROLLS GAIN 310,000, FAR HIGHER THAN EXPECTED.



To: Mr. Big who wrote (88198)8/6/1999 8:38:00 AM
From: Rock_nj  Read Replies (1) | Respond to of 119973
 
Numbers are out. 310,000 jobs created. 100,000 more then the market expected. 6 cent rise in hourly earnings (on the high side). Great news for working Americans. Of course, the market doesn't see it that way. S&P Futures at -4.00.


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