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U.S. markets news

Tech stocks lead Wall Street higher as China fears ebb
U.S. stocks were higher in late morning trading on Wednesday, rebounding from steep losses a day earlier, after China intervened to support its financial markets and help stem a global equities selloff.
Stocks attempt rebound as Dow up more than 100 points  USA TODAY
China blame game spooks investors  Financial Times
ABC News  
US private payrolls rise steadily; productivity revised up
WASHINGTON U.S. private employers maintained a solid pace of hiring in August despite recent global financial market turmoil, suggesting that labor market momentum likely remains strong enough for the Federal Reserve to consider an interest rate hike ...
Survey: US Businesses Hired at Steady Pace in August  ABC News
ADP: Businesses added 190000 jobs in August  USA TODAY
Worker productivity in Q2 revised up to 3.3%, labor costs fall
WASHINGTON (AP) - U.S. productivity in the spring rose at the fastest pace since late 2013, while labor costs declined. Worker productivity increased at an annual rate of 3.3% in the April-June quarter, the Labor Department reported Wednesday.
US revised Q2 productivity up 3.3% vs 2.8% expected  CNBC
US productivity up 3.3% in spring, labor costs fall  Detroit Free Press
LIRR: Delays continue but normal service possible by evening rush hour
The Long Island Rail Road is hoping to return to normal service in time for the evening commute after a major service disruption at the peak of the morning rush hour Wednesday.
Signal Problems Snarl Long Island Commuters in NY  Wall Street Journal
Signal problems cause Long Island Rail Road delays  New York Daily News
Atlas V delivers military satellite to orbit
CAPE CANAVERAL - A United Launch Alliance Atlas V rocket has successfully delivered the Navy's military satellite to orbit after a 6:18 a.m.
Flash in the sky: Rocket lights up South Florida  Miami Herald
Satellite Launch Sparks Spectacular Light Show  Voice of America
Tanium funding points to $3.5bn valuation
Tanium, a cyber security start-up, is raising $120m and more than doubling its valuation in just five months, as investors pour money into protecting companies against cyber attacks.
Scrutiny of Security Start-Ups May Signal Shift in Venture Funding  New York Times
US cyber security firm Tanium valued at $3.5 billion  Reuters
China slowdown weighs on Australian growth
Canberra, Australia • Australia's economy grew a slower-than-expected 0.2 percent in the three months through June, dragged down by waning Chinese demand for resources including iron ore and coal, government figures showed Wednesday.
GDP: even old news is bad news when the bears are grumbling  Sydney Morning Herald
Jitters as Australian economy grows by just 0.2% in June quarter  The Guardian
Valeant to buy ophthalmic surgical device maker Synergetics
Sept 2 Canada's Valeant Pharmaceuticals International Inc agreed to buy surgical device maker Synergetics USA Inc, its eighth acquisition this year.
Valeant will buy eye surgery device maker Synergetics  Medical Xpress
Canada Stocks to Watch: Sears Canada, Laurentian Bank and Valeant  Wall Street Journal (blog)
Lego first half results boosted by strong Asian growth
COPENHAGEN: The world's largest toy maker Lego on Wednesday reported a jump in first half profit and sales, underpinned by strong growth in Asia.
Jurassic World, Elves and Mario Draghi keep the Lego bandwagon going  Fortune
Toy Maker Lego Sees Strong Growth, Profit in All Regions  ABC News
Bill Gross thinks Fed rate hike 'too little, too late'
U.S. interest rates should be raised this month, but Federal Reserve policy makers have only made it harder on themselves to finally pull the trigger, according to bond-market heavyweight Bill Gross.
Bill Gross: Fed tightening now could create self-inflicted instability  Reuters
Bill Gross: Fed May Have 'Missed Their Window' on Rate Hike  Wall Street Journal (blog)