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Saturday Papers: Wall Street eases back after mixed economic data -- other news
by Phil Cozens on Aug 29, 2009 at 09:43
* Dow loses 36 points, S&P eases two points and Nasdaq hardens two points
* Reuters/University of Michigan end-August sentiment 65.7 vs July 66.0; 12-months inflation forecast up 2.8% vs July up 2.9%
* US spending revised to up 0.6% from up 0.4%, up for third straight month in July
* UK second-quarter GDP revised up, but record annual fall stands
* Deflation stalks Japan as jobless figure hits peak
* The number of houses sold for more than £1 million in London soared in August as buyer confidence returned on the back of a fifth successive month of rising prices, according to Knight Frank
* Land Registry says that prices in England and Wales rose by 1.7% in July, the biggest monthly leap for five years
* Data uncovered by the FT reveal that levels of sick leave in the UK have been falling over the past decade with the steepest decline coming in the past year
* Intel forecast backs hopes of PC revival
* Apple to launch iPhone in China
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