Yurt
Gold Member
Disappointing jobs report sends stocks tumbling
NEW YORK (AP) -- Stocks tumbled Friday after the Labor Department said hiring remains weak and Hungary became the latest European country to report its economy is in crisis. Interest rates dropped as investors moved money into the safety of Treasury bonds and notes.
The Dow Jones industrial average dropped 323 points, its third worst slide of the year. The index closed below 10,000 for the second time in two weeks. All the major indexes were down more than 3 percent. The concerns about Hungary pounded the euro to a four-year low.
The drop pushed major stock indexes back into "correction" mode, meaning a decline of at least 10 percent from recent highs.
Disappointing jobs report sends stocks tumbling - Yahoo! Finance
you certaintly won't see leftwingers like the so called "rightwinger" posting honest economic news....
i hope it picks up though and that this is not a sign of things to come
NEW YORK (AP) -- Stocks tumbled Friday after the Labor Department said hiring remains weak and Hungary became the latest European country to report its economy is in crisis. Interest rates dropped as investors moved money into the safety of Treasury bonds and notes.
The Dow Jones industrial average dropped 323 points, its third worst slide of the year. The index closed below 10,000 for the second time in two weeks. All the major indexes were down more than 3 percent. The concerns about Hungary pounded the euro to a four-year low.
The drop pushed major stock indexes back into "correction" mode, meaning a decline of at least 10 percent from recent highs.
Disappointing jobs report sends stocks tumbling - Yahoo! Finance
you certaintly won't see leftwingers like the so called "rightwinger" posting honest economic news....
i hope it picks up though and that this is not a sign of things to come