Business Today: Stock futures tick up ahead of data flurry

		Click to View in Browser 07/3/2014 Stock futures tick up ahead of data flurry NEW YORK (Reuters) - U.S. stock index futures ticked up in light volume on Thursday after the S&P 500 and the Dow industrials closed at a record, ahead of a short session on Wall Street that is packed with economic data. U.S. jobs data seen reinforcing strong growth outlook WASHINGTON (Reuters) - U.S. employment growth jumped in June and the unemployment rate declined to near a six-year low of 6.1 percent, effectively dispelling fears about the economy's health and underscoring its momentum heading into the second half of 2014. U.S. jobless claims rise slightly, labor market improving WASHINGTON, July 3 (Reuters) - The number of Americans filing new claims for unemployment benefits rose marginally last week, but continued to suggest the labor market was steadily improving. U.S. trade deficit narrows as exports hit record high WASHINGTON (Reuters) - The U.S. trade deficit narrowed a bit more than expected in May as exports jumped to a record high, suggesting trade could be less of a drag on second quarter growth than earlier feared. Exclusive: Ousted American Apparel CEO hands over stake to hedge fund (Reuters) - Ousted American Apparel Inc Chief Executive Officer Dov Charney has handed over his entire stake and voting rights in the struggling retailer to Standard General LP, enabling the fund to negotiate directly with the independent directors over the company's future, two sources close to the matter said on Wednesday. Exclusive: SEC official dissented on BNP Paribas waiver WASHINGTON (Reuters) - An official at the U.S. Securities and Exchange Commission broke ranks with other commissioners and voted against granting BNP Paribas a waiver to continue operating several investment advisory units in the United States. Yellen drives wedge between monetary policy, financial bubbles WASHINGTON (Reuters) - Monetary policy faces "significant limitations" as a tool to counter financial stability risks, Federal Reserve Chair Janet Yellen said on Wednesday, adding that heading off the U.S. housing bubble with higher interest rates would have caused major economic damage. ECB holds rates, faces grilling on new measures FRANKFURT (Reuters) - The European Central Bank left interest rates unchanged at record lows on Thursday, holding fire while it assesses the impact of a barrage of measures launched last month to pep up the flagging euro zone economy. Euro zone business growth slows as ECB meets LONDON (Reuters) - Euro zone firms expanded at their slowest rate in six months in June while cutting the prices they charge, surveys showed, signalling business conditions remain tricky as monetary authorities prepare to give a policy update. German private sector expands at slowest pace in eight months in June: PMI BERLIN, (Reuters) - Germany's private sector expanded at the slowest rate in eight months in June, a survey showed on Thursday, as manufacturing lost steam, although Europe's largest economy looked set to post solid growth in the second quarter. Related Video Breakingviews: Botched bonuses Asia Day Ahead: Southeast Asian economies heat up Economic News U.S. jobs data seen reinforcing strong growth outlook U.S. jobless claims rise slightly, labor market improving A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend