Business Today: Wall Street set to extend 3-day rally as QE2 ends

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	06/30/2011
Good Morning Aron LATEST NEWS Wall Street set to extend 3-day rally as QE2 ends NEW YORK (Reuters) - U.S. stock index futures pointed to a fourth day of gains on Thursday, the day the Federal Reserve ends its massive bond buying program, as optimism that Greece's debt problems are getting resolved helped lift equities from their recent lows. | Full Article U.S. caught China buying more Treasuries than disclosed June 30, 2011 08:34 AM ET NEW YORK (Reuters) - The rules of Treasury auctions may not sound like the stuff of high-stakes diplomacy. But a little-noticed 2009 change in how Washington sells its debt sheds new light on America's delicate balancing act with its biggest creditor, China. | Full Article Greek parliament expected to endorse second austerity bill June 30, 2011 07:58 AM ET ATHENS (Reuters) - Greece's parliament is expected to pass a second austerity bill on Thursday to enable the country to avert bankruptcy by securing a 12 billion euro ($17 billion) loan tranche from the EU and IMF. | Full Article Exclusive: U.S. small business borrowing surges June 30, 2011 06:22 AM ET CHICAGO (Reuters) - Borrowing by small U.S. businesses rose at a record pace in May, data released by PayNet Inc on Thursday showed, a sign that economic growth is poised to pick up in coming months. | Full Article HSBC adds to sweeping bank job cuts in Europe June 30, 2011 07:23 AM ET LONDON (Reuters) - HSBC Holdings Plc is poised to axe about 700 jobs in its UK retail bank arm, as swingeing staff cuts begin in earnest at banks across Europe stung by a limp economic recovery, trading woes and tougher regulation. | Full Article US TOP NEWS ECB flags July rate rise as inflation stays high June 30, 2011 07:29 AM ET BRUSSELS (Reuters) - The European Central Bank signaled it would raise interest rates again next week as data showed inflation in June stabilized well above the bank's target. | Full Article Exclusive: S&P to deeply cut U.S. ratings if debt payment missed June 30, 2011 04:55 AM ET NEW YORK (Reuters) - The United States would immediately have its top-notch credit rating slashed to "selective default" if it misses a debt payment on August 4, Standard & Poor's managing director John Chambers told Reuters. | Full Article Obama weighed military and political risk for Afghan plan June 30, 2011 01:16 AM ET WASHINGTON (Reuters) - President Barack Obama's plan for pulling U.S. troops from Afghanistan will intensify risks in the thick of next year's fighting season, but Obama was right to factor in waning support at home for the war, outgoing Defense Secretary Robert Gates told Reuters. | Full Article As QE2 ends, market debates Fed's next move June 30, 2011 12:56 AM ET NEW YORK (Reuters) - The Federal Reserve ends its $600 billion bond-buying program, known as QE2, on Thursday and has yet to offer any hints of more monetary easing to come. | Full Article New Lloyds CEO cuts 15,000 jobs in revival plan June 30, 2011 06:53 AM ET LONDON (Reuters) - Lloyds will axe 15,000 jobs and halve its international presence, a plan its new boss hopes will save 1.5 billion pounds ($2.4 billion) a year by 2014 and return the part-nationalized British bank back to health. | Full Article HEALTH NEWS Europe's E. coli outbreaks linked to Egyptian seeds Thailand fights cancer-causing parasitic worms FDA panel rejects Avastin for breast cancer use One patient's plea for FDA approval of Avastin Novartis lung drug has similar efficacy to rival RELATED VIDEO Business women flock to Swiss school Dollar Diversification Helps Euro Asian stocks end Q2 on high note A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Video catches Russian president in driving gaffe Full Article "Ladyboy" pictures confuse election officials? Golf courses out of bounds for sumo wrestlers Woman sprays police with breast milk Country bans night travel to end road carnage Russian scientists expect to meet aliens by 2031 - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend