ShortNews
+ + + 3 BRANDNEW NewsTickers for your Website! + + + easy configurable in less than 1 Minute + + + GET'EM NOW! + + +

   Home | Join | Submit News | MyShortNews | HighScores | FAQ'S | Forums 0 Users Online   
   
                 08/21/2014 04:04 PM  
  ShortNews Search
search all Channels
RSS feeds
   Top News Economy
A Third of Working-Age Americans Have No Retirement Savings
Colorado Plans to Produce More Legalized Recreational Pot
more News
out of this Channel...
  601 Visits   2 Assessments  Show users who Rated this:
Quality:Very Good
Back to Overview  
01/10/2004 04:45 PM ID: 35866 Permalink   

Stocks Hurt by Chilly US Employment Figures

 

Wall Street not only saw arctic air move in this week, it saw stocks tumble after the US Labor Department reported that only 1,000 nonfarm jobs were added in December. Analysts had expected 150,000 jobs to be added.

The nation's economic recovery was supposed to translate into higher job growth rates. The Labor Department corrected reports of a 137,000 jobs added in October in 50,000 added in November. The correct figures are 100,000 (Oct.) and 43,000 (Nov.)

The Dow Industrials tumbled 133.55 points (1.3%) and now stand at 10,458.89. The Standard and Poors 500 Composite saw a 10.06 point (0.9%) fall to 1,121.86. The biggest decliners were AT&T and SBC Communications.

 
  Source: www.informationweek.com  
    WebReporter: JFURY Show Calling Card      
  Recommendation:  
ASSESS this news: BLOCK this news. Reason:
   
  What's Your Opinion?
  
 
 
Copyright ©2014 ShortNews GmbH & Co. KG, Contact: info@shortnews.com