Thursday July 2, 03:55 PM
STOCKS NEWS US-Markets sink after jobs data
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Real (Frankfurt: BJU.F - news) -time Equity news
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1037 ET 02July2009-Markets sink after jobs data
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Major U.S. indexes dropped on Thursday, falling after payrolls data showed
more Americans than expected lost their jobs in June, dimming hopes of a quick
economic recovery.
Sentiment was also pressured as the price of crude oil fell.
For details, see
The Dow Jones industrial average fell 2 percent to 8,330.01 while
the S&P 500 lost 2.2 percent to 903.51 and the Nasdaq (NASDAQ: news) was off
2.4 percent to 1,802.18.
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