NEW YORK U.S. stocks opened higher on Friday as strong upward revisions to job creation estimates for December and November offset a slight disappointment in the January payroll report.
The Dow Jones industrial average rose 98.56 points or 0.71 percent, to 13,959.14, the S&P 500 gained 8.98 points or 0.6 percent, to 1,507.09 and the Nasdaq Composite added 21.41 points or 0.68 percent, to 3,163.54. (Reporting by Rodrigo Campos; Editing by Bernadette Baum)
Welspun India shares plummet again on contagion fears in cotton sheet dispute
MUMBAI Welspun India's shares plunged 20 percent for a second day on Tuesday, as the fallout from Target Corp's decision to terminate business with the firm for passing off cheap sheets as premium Egyptian cotton escalated.
Gold steady ahead of global central bankers meeting
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World Bank's Kim launches bid for second term as president
WASHINGTON World Bank President Jim Yong Kim on Tuesday formally launched a bid for a second five-year term as head of the multilateral development lender, whose board pledged an "open, merit-based, and transparent" selection process.