| Stocks point to flat open after two-day plunge By TIM PARADIS AP Business Writer NEW YORK (AP) -- Wall Street is headed for a flat open after the Labor Department said the number of workers seeking unemployment benefits declined unexpectedly last week. The department said the number of laid off-workers seeking unemployment benefits last week fell by 9,000. The market expected a slight increase. The report had little initial effect on Dow Jones industrial average futures, which are up 1 at the 12,620 level after a two-day drop that sliced 427 points from the blue chip index. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Neither these AP material nor any portion thereof may be stored in a computer except for personal and non-commercial use. AP will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing. Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. |
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