Employment Figures Were Less Than Expected &Nbsp; Dow Rose 0.21% On Wednesday.

As of 16:00 pm Eastern time, Dow Jones industrial average It rose 22.93 points to 10967.65. Gain 0.21%, the Nasdaq composite index fell 19.17 points, at 2380.66 points, or 0.80%, while the standard & Poor's 500 index fell 0.78 points, or 1159.97 points, or 0.07%.

Employment figures were less than expected to rise by 0.21% on Wednesday.

In September, the US ADP employment data unexpectedly reduced 39 thousand people.

Disk, the technology sector led the decline.

In terms of stocks, Costco Wholesale released its fourth quarter report, net income rose 16%, net sales rose 7.8%, higher than expected. But the company's share price is still down 2.2% before the offer. Ge shares rose 0.5%. Good city reported more net profit growth of 16% in the fourth quarter, to $432 million, or 97 cents per share, and net sales increased 7.8%. Analysts had expected the company to earn 95 cents per share during the quarter.

Alcoa will announce its results after Thursday's closing, drawing the curtain on the third quarter earnings season.

On Wednesday, the sharp rise in the price of basic metals led to the rise of the mining sector, and European stocks continued the strong rally on Tuesday. The US's less than expected employment figures and the news of Fitch's downgrading of Ireland's sovereign ratings hit the European stock index, narrowing the previous gains by 0.5%.

Gold prices hit a record high and reached $1351 during the session. {page_ Break}

economic data

The labor department released the ADP employment data for September on the 6 day, which unexpectedly reduced 39 thousand people, and soon weakened the stock index futures' gain before the data.

The International Monetary Fund (IMF) released the autumn world economic outlook report in 6 2010. The world economic recovery has made overall progress, but the downside risk has increased. The report predicts that world economic growth will be 4.8% and 4.2% in the next two years. It is predicted that in 2010, the actual gross domestic product of the United States will increase by 2.6% per annum, while the growth rate in 2011 will be 2.3%.

Fitch International announced on Wednesday that as the cost of rescuing the financial industry continued to rise, the agency decided to reduce the Irish sovereign credit rating from AA- to A+.

By the week of October 1st, US commercial crude oil inventories increased by 3 million 100 thousand barrels to 360 million 900 thousand barrels, and crude oil inventories increased by more than 300 thousand barrels per cent of economists surveyed by Prof energy information survey.

Company news

The Ge Corp (GE) announced on Wednesday that it has signed an agreement with Dreiser to buy the latter at a price of about $3 billion. The deal will help Ge expand its product line of natural gas and other energy markets.

Monsanto Co. released its 6 quarter earnings in fourth. Monsanto's losses fell to $143 million, or 26 cents a share, according to earnings data, compared with a loss of $233 million and a loss of 43 cents per share during the same period last year.

Johnson announced on Wednesday that the company will purchase the remaining 82.1% of the Crucell NV shares at a price of 24.75 euros ($34.26), or 1 billion 750 million euros ($2 billion 420 million).