Sunday, July 10, 2011

Wall Street ends lower after June jobs data (Reuters)

NEW YORK (Reuters) ? Stocks ended down on Friday as a weak jobs report dashed optimism that the economy was emerging from a soft patch, leaving investors to hope earnings season would revive an appetite for buying.

Based on the latest available data, the Dow Jones industrial average (.DJI) fell 62.29 points, or 0.49 percent, to end unofficially at 12,657.20. The Standard & Poor's 500 Index (.SPX) was down 9.41 points, or 0.70 percent, to finish unofficially at 1,343.81. The Nasdaq Composite Index (.IXIC) was down 12.85 points, or 0.45 percent, to close unofficially at 2,859.81.

For the week, though, stocks rose: The Dow gained 0.6 percent, while the S&P 500 added 0.3 percent and the Nasdaq shot up 1.6 percent.

(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/nm/20110708/bs_nm/us_markets_stocks

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