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Livestock Highlights: US Beef, Bird Flu, Lower Meat Price
CHICAGO (Dow Jones)--Last-summer's massive selloff by index funds, triggered by the global economic fiasco, could produce a kinder, gentler exodus of thousands of lead-month Chicago Mercantile Exchange live cattle and lean hog long positions tied to the Standard & Poor's GSCI, a commodities index.
Argentina 4Q Labor Demand Falls 25% Vs 3Q;Down 53% On Year -UTDT
BUENOS AIRES -(Dow Jones)- Labor demand in Argentina plunged 25% during the fourth quarter of 2008 from the third quarter as economic activity dropped sharply, according to an index produced by Torcuato Di Tella University, or UTDT.
European Stocks Rise; Stoxx 600 Posts Best 2-Day Start to Year
Jan. 5 (Bloomberg) -- European stocks climbed, sending the Dow Jones Stoxx 600 Index to its biggest two-day gain to start a year, on speculation that government efforts to revive the global economy through tax cuts and spending will spur growth.
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