Reuters Daily Investor Update: September 4, 2015

Click to View in Browser Friday, September 4, 2015 SEC's Gallagher says will leave his post by October 2 WASHINGTON (Reuters) - U.S. Securities and Exchange Commission Republican member Daniel Gallagher announced on Friday that he will not stay on at the agency past Oct. 2. U.S. labor market shows some muscle despite slower job growth WASHINGTON (Reuters) - U.S. job growth slowed in August, but the unemployment rate dropped to a near 7-1/2-year low and wages accelerated, keeping alive prospects of a Federal Reserve interest rate hike later this month. Wall St. ends down after mixed jobs data NEW YORK (Reuters) - U.S. stock indexes ended down more than 1 percent on Friday after a mixed August jobs report did little to quell investor uncertainty about whether the Federal Reserve will increase interest rates this month. Geneva wealth managers pay defrauded investors to settle Madoff case GENEVA (Reuters) - Five former Geneva wealth managers have paid "substantial compensation" to settle criminal complaints brought by clients whose assets they had invested with U.S. fraudster Bernard Madoff, the Geneva prosecutor's office said on Friday. Muddled jobs report leaves Fed in a 'jam' watching markets NEW YORK/RICHMOND, Va. (Reuters) - The latest U.S. jobs report was not definitively good or bad enough to help the Federal Reserve decide whether to raise interest rates later this month, leaving the decision hanging on volatility in financial markets over the next couple of weeks. Global stocks slide as jobs data makes Fed move unclear NEW YORK (Reuters) - Global equity markets tumbled and the dollar traded mixed on Friday after a U.S. jobs report for August kindled uncertainty over whether the Federal Reserve will raise interest rates in two weeks. Boeing sticks with 747 production plans despite sales drought NEW YORK (Reuters) - Boeing Co said on Friday it is sticking to current production plans for its 747 jumbo jet despite a canceled order that left no net new orders for the plane in 20 months. Oil falls with Wall St.; drop in U.S. drilling rigs ignored NEW YORK (Reuters) - Crude futures fell about 2 percent on Friday as traders paid little heed to a drop in the number of U.S. rigs drilling for oil and focused instead on a supply glut and declining stock prices on Wall Street. G20 promises transparency on rate moves as global economy disappoints ANKARA (Reuters) - World financial leaders will agree to calibrate and communicate monetary policy carefully to avoid triggering capital flight, but will not call an expected U.S. rate rise a risk to growth, a draft communique showed on Friday. Japan's Aso says communicated need for China to deal with structural issues ANKARA (Reuters) - Japanese Finance Minister Taro Aso said on Friday he had communicated at a meeting of Group of 20 finance chiefs in Ankara that China needs to address a range of structural problems, including its bad debts. Related Video Mixed Jobs Data in August Despite all, strong demand boosts Lufthansa Related News When financial planning meets wedding planning Circus roadie, ice-cream scooper: The first jobs of famous couples Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. 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 2015 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook