Daily Investor Briefing: Jobs drive Dow, S&P 500 to records in...

	Click to View in Browser 07/3/2014 Jobs drive Dow, S&P 500 to records in short session NEW YORK (Reuters) - Wall Street's holiday-shortened session ended with multiple records on Thursday, with the Dow topping 17,000 for the first time after the June jobs report came in much stronger than expected. U.S. job growth surges, unemployment rate near six-year low WASHINGTON (Reuters) - U.S. employment growth jumped in June and the jobless rate closed in on a six-year low, decisive evidence the economy was moving forward at a brisk clip after a surprisingly big slump at the start of the year. Double-digit profit growth may return in second quarter NEW YORK (Reuters) - With all the hoopla over the Dow topping 17,000 out of the way, the market's next focus will be whether the fast-approaching earnings season can justify U.S. stocks continuing their climb further into record territory. Amex set to face U.S. in antitrust trial over credit card fees NEW YORK (Reuters) - American Express Co is set to face off against the U.S. government and 17 states in a trial that begins on Monday over claims that it stifles competition from credit card providers that charge lower processing fees. GM switch complaints began 17 years ago, long before Cobalt DETROIT (Reuters) - General Motors car owners have been complaining to dealers about defective ignition switches since 1997, years before the automaker launched the Chevrolet Cobalt and other small cars with faulty switches linked to at least 13 deaths. Amazon's Luxembourg taxes under scrutiny: FT (Reuters) - European officials have asked Luxembourg to hand over documents relating to U.S. online retailer Amazon's tax affairs in the country, the Financial Times reported on Thursday, citing official sources. BMW's $1 billion plant surfs Mexican investment wave MEXICO CITY (Reuters) - Luxury car maker BMW revealed a $1 billion Mexican plant investment on Thursday, becoming the latest in a line of major automakers to take advantage of the country's growing industrial base and tariff-free access to the U.S. market. Former Peugeot chairman quits board over public dissent PARIS (Reuters) - PSA Peugeot Citroen's deputy chairman Thierry Peugeot was forced out on Thursday after voicing renewed public dissent over a French-backed tie-up with Dongfeng that he had unsuccessfully opposed as chairman. Merkel urges big push on EU-U.S. free trade deal BERLIN (Reuters) - Germany's Angela Merkel made a strong plea on Thursday for the European Union and the United States to complete their talks about forming a new transatlantic free trade area. Mercedes touts self-driving trucks for haulage savings MAGDEBURG Germany/PARIS (Reuters) - Balding middle-aged trucker Hans Luft was toying conspicuously with an iPad behind the wheel of his 40-tonne heavy goods vehicle as it hurtled down the autobahn under the approving gaze of assembled Daimler executives. Related Video Shares soar to records on jobs report Jobs market lights up economic hopes Related News Jobs data doesn't change Yellen sweet spot: James Saft A broker, a client - and years of misdirected checks 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