US STOCKS-Jobs disappointment knocks Wall St lower

by Blogburger on July 7, 2012

* Sluggish US jobs growth latest sign of global slowdown * Spanish bond yields return to pre-summit levels * Indexes fall: Dow 1.2 pct, S&P 1.1 pct, Nasdaq 1.6 pct By Burton Frierson NEW YORK, July 6 (Reuters) – U.S. stocks fell sharply on Friday after dismal jobs data reinforced the view that the economy is stuck in a slow-growth rut. News that the world’s largest economy created just 80,000 jobs in June – far fewer than needed to lower the 8.2 percent unemployment…


WN.com – International English News

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