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Wall street took fright on Friday - early call for London is mixed

July 10, 2006 at 6:33 am

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Wall street took fright on Friday as lower earnings forecast from  3M overshadowed a much lower  than anticipated  non farm payrolls number in the end the street finished down 134 poPARA_BREAK_SENTINEL_9f8e7d6c

Wall street took fright on Friday as lower earnings forecast from  3M overshadowed a much lower  than anticipated  non farm payrolls number in the end the street finished down 134 points , Asia however has posted  a positive session boosted in part ny more positive economic data from Japan .

This week sees the start of  the US earnings season which may now take on extra significance  given the sensitivity Wall street demonstrated on Friday.

London performed much better on Friday and even filled the gap at 5909.5 after the payrolls we did not stay above here for too long however-

We will remain positive about the market  whilst above 5800-5805.

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