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Woes deepen in Europe and China; U.S. the bright spot

The euro zone's economic woes accelerated last month and China's slowdown looked likely to extend to a seventh quarter, surveys on Wednesday showed, while the United States proved the bright spot with better-than-expected news on services and jobs.

 

Private sector adds 162,000 jobs in September: ADP

Jobs

Companies added 162,000 jobs in September, more than economists expected but still pointing to slow improvement in the labor market, data from a payrolls processor showed on Wednesday.

 

Jobs Report Gives U.S. Stocks a Boost

U.S. stocks rose broadly, with investors encouraged by a government report that job losses were less than expected in February.

 

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