From: scoop@money.net
To: scoop@money.net
Date: 2002-02-04 11:00:42+00:00
Subject: The Money.net Morning Scoop

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The Scoop	
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The major averages closed lower following several economic reports released early Friday.  The first report was the January Employment Report.  Nonfarm payrolls came in a bit weaker than expected, falling 89K versus the consensus expectation for a 50K decline.  Yet the big surprise in this report was the drop in the unemployment rate to 5.6% from 5.8% -- the consensus expectation was for a reading of 5.9%.  Getting into the details of the report, January saw an 89K decline in manufacturing payrolls which matched the overall decline.  At the same time, service-producing payrolls rose 56K as seasonal effects helped to lift retail payrolls 62K while health services added... 
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Dow Jones	 
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NASDAQ Comp.	 
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Most Popular Stocks	
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 JDSU <http://www.money.net/scripts/stocklookup?JDSU>	6.99	0.00 	
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 GX <http://www.money.net/scripts/stocklookup?GX>	0.3	0.00 	
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 AOL <http://www.money.net/scripts/stocklookup?AOL>	25.99	0.00 	
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 IBM <http://www.money.net/scripts/stocklookup?IBM>	108	0.00 	
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 ENRNQ <http://www.money.net/scripts/stocklookup?ENRNQ>	0.3975	0.00 	
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 KM <http://www.money.net/scripts/stocklookup?KM>	1.55	0.00 	
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 CSCO <http://www.money.net/scripts/stocklookup?CSCO>	19.21	0.00 	
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 AMGN <http://www.money.net/scripts/stocklookup?AMGN>	57.88	0.00 	
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