Wednesday, October 1, 2014
YOLO COUNTY NEWS
99 CENTS

Stocks fall after weak reports on hiring, services

By
From page A2 | April 03, 2013 |

NEW YORK (AP) — Stocks fell in early trading today on Wall Street after reports on hiring and growth at service companies dampened optimism about the outlook for the U.S. economy.

The Dow Jones industrial average fell 24 points, or 0.2 percent, to 14,636 in early trading. The Standard & Poor’s 500 index dropped six points, or 0.4 percent, to 1,564 points. Both indexes closed at record highs on Tuesday.

U.S. service companies kept growing at a solid pace in March, but the expansion was less than economists were expecting. The Institute for Supply Management’s index of service companies fell to 54.4 in March from 56 a month earlier. The report was the weakest in seven months and fell short of what analysts were expecting.

Separately, payrolls processor ADP reported that U.S. employers added 158,000 jobs last month, down from February’s gain of 237,000, as construction firms held off on hiring. The ADP report is often seen as a preview for the government’s broader survey on employment, which is due out Friday.

The stock market has gotten off to a strong start in 2013. The Dow rose 11.3 percent in the first three months of the year thanks to a recovery in housing and signs that the job market is improving. Strong company earnings and economic stimulus from the Federal Reserve have also sent the market higher.

The yield on the 10-year Treasury note, which moves inversely to its price, fell from 1.86 percent to 1.83 percent.

In other trading, the Nasdaq composite dipped nine points, or 0.1 percent to 3,245.

————

By Steve Rothwell, AP markets writer

Comments

comments

The Associated Press

.

News

Undocumented Student Center offers help to immigrants

By Julia Ann Easley | From Page: A1 | Gallery

 
Rairdan supports more inquiry-based learning

By Jeff Hudson | From Page: A1 | Gallery

 
Katehi will address Rotarians on Monday

By Enterprise staff | From Page: A3

Mondavi Center hosts all-star lineup of classical, jazz, dance and more

By Enterprise staff | From Page: C3 | Gallery

 
Willett students sensitized to those who are different

By Maria Clayton | From Page: A3 | Gallery

Friends of the Library host biggest book sale of the year

By Enterprise staff | From Page: A3

 
Give blood and get a free movie ticket

By Enterprise staff | From Page: A3

Pedal around Davis on weekly bike ride

By Enterprise staff | From Page: A3

 
‘Edible City’ discussion planned

By Enterprise staff | From Page: A3

TSA bomb training may be noisy

By Enterprise staff | From Page: A3

 
AIM testing dates set this fall, winter

By Jeff Hudson | From Page: A4

Tour Honey Bee Haven on Friday

By Enterprise staff | From Page: A4

 
Woodland City Cemetery tours planned

By Enterprise staff | From Page: A4

 
 
‘ADHD — Myth or Reality’ addressed at UCD talk

By Enterprise staff | From Page: A4

 
UCD athletics have break-from-work entertainment for everyone

By Bruce Gallaudet | From Page: C5 | Gallery

Wetlands visitors may see ducks arriving

By Enterprise staff | From Page: A10 | Gallery

 
Boy Scouts host family event in park

By Enterprise staff | From Page: A10

How did the Aggies get their name?

By Enterprise staff | From Page: C12

 
.

Forum

Hey, it’s free childcare …

By Creators Syndicate | From Page: B5

 
Will you open your heart, and your home?

By Special to The Enterprise | From Page: A6

 
The right vote for education

By Letters to the Editor | From Page: A6

Just what Davis schools need

By Letters to the Editor | From Page: A6

 
Tom Meyer cartoon

By Debbie Davis | From Page: A6

Nolan’s a calm voice of reason

By Letters to the Editor | From Page: A6

 
.

Sports

DHS girls tennis team tames Lions

By Enterprise staff | From Page: B1 | Gallery

 
Devil girls play dynamite pool defense

By Spencer Ault | From Page: B1 | Gallery

Davis volleyballers finish strong at Franklin

By Enterprise staff | From Page: B1

 
Hard-working Blue Devil boys get a water polo win

By Spencer Ault | From Page: B1 | Gallery

A’s fall as AL wild-card game lives up to its name

By The Associated Press | From Page: B1 | Gallery

 
Legacy roundup: Milliennium takes Manteca tournament

By Enterprise staff | From Page: B2

AYSO roundup: Beans, Capay can’t shake each other in U19 play

By Enterprise staff | From Page: B2 | Gallery

 
Alliance roundup: Los Azules, Italia win tourneys

By Enterprise staff | From Page: B3 | Gallery

Sports briefs: Real Salt Lake has too much for Republic

By Enterprise staff | From Page: B8

 
.

Features

From the ground up: Rediscovering classic cheesecake

By Ann Evans | From Page: A10 | Gallery

 
.

Business

.

Obituaries

Leonard D. Blackford

By Special to The Enterprise | From Page: A4

 
Anne Elizabeth Elbrecht

By Special to The Enterprise | From Page: A4

.

Comics

Comics: Wednesday, October 1, 2014

By Creator | From Page: A8