S&P Futures

GE buys UK health firm Amersham for 5.7 bln - 800p a share.

U.S. stocks closed higher but off their highs but with the Dow and Nasdaq managing new multimonth highs, following reports showing improvement in the labour market and strong corporate earnings.

Jarvis engineering and services firm said it had decided to exit its rail maintenance contracts, which will be brought in-house by railway operator Network Rail. They do not believe it would not produce returns for shareholders that were sufficient to balance the risks involved," the firm said in a statement.J Sainsbury said its second quarter like-for-like sales fell 0.2 percent as its rivals enjoyed a boom time in the midst of the heat wave.This was well below most analysts' expectations after Tesco's first half sales growth of 6.3% and William Morrison's first half growth of 9% percent.

Boots reported slowing growth in second quarter sales at its core Boots The Chemist chain on Friday and said its gross margins for the half year were flat. Sales in the main chemist chain grew 3.6 % during the first half, with second quarter growth at 2.9 % at the bottom end of expectations.

United Kingdom Calendar (F)inals (I)nterim	United States  (GMT)	Europe & World (GMT)
Fri 10th October J Sainsbury Q2 Sales Boots Trading Statement	General Electric (Q3) 13.30 US Sep Producer Price Index m/m flat exp. 13.30 US Aug Trade Balance -$41.0bn exp.	07.00 EMU Sep German Wholesale Price Index m/m 0.1% exp. US: 11.00 EMU 2nd Quarter Labour Costs q/q
Good Trading!      david@FTSEDOW.com     www.FTSEDOW.com Futures Pivot Calculator