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
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