The Dow Jones Industrial Average closed at a new record high on Thursday. Getty Images. After a five-year surge, the Dow Jones Industrial Average hit a new all-time high this past week.
WASHINGTON (Reuters) - Economic activity in the United States rose less than expected in August, but was still consistent with the economy expanding at a moderate pace for the rest of this year, The Conference Board said on Friday.
U.K. shorter-dated government bonds fell, underperforming longer-maturity gilts, as Scotland's rejection of independence from the union put the focus back on to when the Bank of England will raise interest rates.
Payrolls climbed in 35 states in August, while the unemployment rate rose in 24, as gradual progress in the labor market continued.
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