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Wall Street ends at highest level since early May NEW YORK (Reuters) - Wall Street rallied to its highest level since early May on Friday on a stronger-than-expected U.S. jobs report and hope European authorities would act to contain the euro zone debt crisis. Hiring picks up but not enough to sideline Fed WASHINGTON (Reuters) - Employers hired the most workers in five months in July, but an increase in the jobless rate to 8.3 percent kept prospects of further monetary stimulus from the Federal Reserve on the table. U.S. Treasury says to sell $4.5 billion in AIG stock WASHINGTON (Reuters) - The U.S. Treasury Department said on Friday it will sell $4.5 billion worth of American International Group stock, taking another step toward unwinding its position in the financial crisis bailout programs. Insight: Morgan Stanley brokers chafe at new system's glitches By Lauren Tara LaCapra and Joseph A. Giannone and Ashley Lau Spain inches toward

Friday, August 3, 2012 TOP STORY TD Ameritrade and Scottrade Resume Sending Orders to Knight The move presents a potential boost of confidence for Knight Capital Group after many of Wall Street's biggest brokerage firms pulled their business. DEALBOOK » | DealBook: Knight Said to Hold Talks to Sell Futures Brokerage Unit 3:38 PM ET Knight Said to Hold Talks to Sell Futures Brokerage Unit The Knight Capital Group is in talks to sell its futures brokerage unit with a number of potential buyers, including the trading firm R.J. O'Brien, people briefed on the matter told DealBook on Friday. DEALBOOK » Knight Stock Rises, but Many Customers Fail to Return Officials at the Knight Capital Group told customers that it had financing lined up for the day, according to people with knowledge of the matter. But many trading clients are still staying away. DEALBOOK » | DealBook: Errant Stock Trades Reveal a Risk That Few Antici