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Before the Bell from MarketWatch Radio Network

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Thu, 2 Sep 2010|

The latest money news from Ann Cates

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Tags:

  1. General Motors0:48
  2. Wall Street0:00
  3. Limited Brands0:11
  4. Victoria's Secret0:12
  5. Costco0:10
  6. Federal Reserve0:43
  7. weekly jobless claims0:32
  8. NASDAQ futures0:55
  9. Ben Bernanke0:44
  10. GM0:51

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Automatically Generated Transcript (may not be 100% accurate)

Wall Street may cause after a 255. Point rally for the Dow yesterday. Investors are also taking the pulse of the consumer today its major chains release August sales results. Costco and Limited Brands home to Victoria's Secret and both turned in stronger than expected same store sales and appear -- import sales jumped more than 11% last month. Overall strategists polled by retail metrics are looking for same store sales declined 3% growth may be held in check by high unemployment and hot weather. Plus it is a busy day for economic updates due out our weekly jobless claims of worker productivity. Factory orders and pending home sales. But as a commission looking into the roots of the financial crisis is holding a second day of hearings into the meltdown scheduled to testify his Federal Reserve Chairman Ben Bernanke. And the head of the FDIC. And General Motors is working on plans to go public this fall GM plants to want to IPO in mid November. As to be futures up half points the NASDAQ futures down one and in Cade says marketwatch.com.

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