LONDON (ShareCast) - The keenly awaited US jobless figures sparked a sell-off in US equities ahead of the long holiday week-end. Another 467,000 people joined the queue for work last month, far more than the 365,000 predicted. More than 6m American
jobs have now been lost since the recession began, but the latest figure was the first month-on-month drop in four months.
There are no risers among the Dow Jones (news) 30-share index constituents and only two gainers on the NASDAQ 100 (NASDAQ: news) . Alcoa (NYSE: AA - news) which kicks off the second quarter results season next week, was the worst performing Dow constituent, closely followed by United Tech (900030.KS - news) and Microsoft (NASDAQ: MSFT - news) .
The jobless data pushed recruitment company Monster Worldwide (NASDAQ: MNST - news) lower but medical equipment company Illumina (NASDAQ: ILMN - news) is the day's worst performing blue-chip, suffering a double-digit percentage fall after second-quarter revenue came in at $161m, versus guidance of $168m.
Power generator Dynegy (NYSE: DYN - news) is sharply lower after UBS (Virt-X: UBSN.VX - news) cut its rating on the stock from "neutral" to "sell".
S&P 500 - Risers
Varian Medical Systems Inc (NYSE: VAR - news) . (VAR) $34.19 +3.73%
American International Group Inc. (AIG) $18.49 +2.27%
Qwest Comm International Inc. (Q) $4.04 +1.00%
S&P 500 - Fallers
Dynegy Inc. Holdings Co (DYN) $2.12 -7.42%
Johnson Controls Inc (NYSE: JCI - news) . (JCI) $21.32 -6.29%
Monster Worldwide Inc. (MWW) $11.35 -5.50%
Dow Jones I.A - Risers
None
Dow Jones I.A - Fallers
Alcoa Inc. (AA) $9.94 -3.98%
United Tech (UTX (A045880.KQ - news) ) $50.35 -3.69%
Microsoft Corp. (MSFT) $23.28 -3.16%
Nasdaq 100 - Risers
Kla-Tencor Corp. (KLAC) $25.85 +0.15%
Research In Motion Ltd. (RIMM) $70.03 +0.10%
Nasdaq 100 - Fallers
Illumina Inc. (ILMN) $33.55 -12.03%
Foster Wheeler AG (FWLT) $22.09 -5.48%
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