SNAPSHOT - Financial Crisis - 2300 GMT
NEWS
- U.S., euro-zone service sector data hits record low
- U.S. private employers cut most jobs in 7 years
- New Zealand cuts rates, UK, eurozone set to follow
- Paulson debating whether to ask for next $350 bln - WSJ
- China cool on Western investment, U.S. autos in focus
- Russian state bank VEB reportedly asks Kremlin for $34
billion cash injection
MARKETS
- Stocks rise led by consumer staples and pharmaceuticals as
investors shift to defensive shares.
- The Dow rose 172.60 points, or 2.05 percent, to 8,591.69,
S & P 500 Index rose 21.93 points, or 2.58 percent, and
Nasdaq rose 42.58 points, or 2.94 percent, to 1,492.38.
- Dollar rises on expected European interest rate cuts
- Late rally lifts FTSEurofirst 300 index of European shares Continued...
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