Wall Street
Wall Street

Wall Street extends gains as investors look for signs of improvement in the U.S. economy. Mark Lasseigne has your full market report in today's Acadiana Business Index.

 
 
  • Economic news helped move stocks.  A private survey of the job market showed the economy added 91,000 new jobs in September.  On Friday, the Labor Department will report the official monthly payrolls number.
 
  • In other news, Moody's Investors Service slashed Italy's government bond ratings by three notches, expecting that economy to remain weak in the next two to three years.
 
 
  • Monsanto posted smaller losses from a year-earlier, as sales in seed business improve. The firm lifted its earnings projection for the current quarter. MOS gaining 6.3% to $52.18.
 
  • Oil prices futures soared more than 5%, lifted by a surprise drop in U.S. inventories. Crude oil closing at $79.38 a barrel.
  • And Gold settled at $1,642 an ounce.
Mark Lasseigne
Mark Lasseigne

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