Wednesday, April 7, 2010 as of 11:14 AM ET
The Chicago Purchasing Management Index fell more than expected in April to its lowest level since November 2009.
Orders for long-lasting manufactured goods rose less than expected in April as companies scaled back plans to add machinery and the military ordered fewer aircraft.
New claims for unemployment benefits fell last week to 370,000 from an upwardly-revised 372,000 the week prior.
A key business survey released on Thursday showed the eurozone's private sector shrunk even more than economists anticipated this month.
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The blue chips managed to shed mid-day losses, ending modestly to the upside, but many traders remained on the sidelines with volume coming in below average.
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Kiss co-founder Gene Simmons on the problems with Facebook's IPO, his company's hiring of veterans and how Obama has done as President.
