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Stocks slump after jobs report jolts investors [GrowYourFunds]

knowmoremedia.com » 2007 » September » 7th » Stocks slump after jobs report jolts investors [GrowYourFunds]

Tagged: jnj, qcom, dell, gis, sndk, interest rates, coh, stocks, bonds, cat, tex, urbn, treasuries, job losses, aeo, employment report, fomc, nonfarm payrolls

The non-farm payrolls number released by the U.S. Department of Labor this morning jolted the financial markets and raised fears of an economic recession. The Dow Jones Industrial Average finished lower by 250 points, or 1.87%. The Nasdaq fell by 49 points, or 1.86%. The broader S&P 500 fell by 25 points, or 1.69%. There were very few places to hide today as stocks plunged across the board. The … Continue Reading »

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