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Author Topic: Update on US Stockmarket  (Read 1259 times)

pioneer

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Update on US Stockmarket
« on: June 05, 2010, 04:27:17 PM »
US shares have seen big falls after it emerged that fewer jobs were created last month than expected.

The Dow Jones index shed 324 points or 3.16% in Friday trading, with the S&P 500 and Nasdaq indexes also seeing falls of more than 3%.

Some 431,000 jobs were created in May, the Labor Department said. However, analysts had expected 500,000 new jobs.

Adding to the bleak outlook, most of the new jobs - about 411,000 - were temporary posts for 2010 Census staff. - BBC

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Romans 10:9
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