The blue-chip index falls 323 points, slipping below 10,000. The economy adds fewer jobs than expected. Worries about Europe's debt crisis return. The euro drops below $1.20.
Posted by Elizabeth Strott and Charley Blaine on Friday, June 4, 2010 9:01 AM
Updated at 4:44 p.m. ET
A weaker-than-expected jobs report today and renewed concerns about financial stability in Europe set off a major sell-off, with stocks ending at their worst levels since February.
The Dow Jones industrials ($INDU) were down 323 points, or 3.2%, to 9,932. The Nasdaq Composite Index ($COMPX) shed 84 points, or 3.6%, to 2,219. The Standard & Poor's 500 Index ($INX) was down 38 points, or 3.4%, to 1,065.
The selling was broad, and it accelerated into the close as many investors didn't want to hold positions over the weekend.
Read the entire report
"It is not enough to know that there is a shadow government pulling the strings of the visible government- we must also act to expose it, and defeat it!"-Mark Matheny
Subscribe to:
Post Comments (Atom)
-
SSTNews Mark Matheny Every Year the World Economic Forum releases what is called a "Global Risks Report" What is interesting is ...
-
Mercola.com Posted by: Dr. Mercola December 05 2009 22,565 views Jordan McFarland, a 14-year-old boy from Virginia, is weak and s...
-
SSTNews Mark Matheny Every Year the World Economic Forum releases what is called a "Global Risks Report" What is interesting is...
No comments:
Post a Comment