Thursday, July 10, 2014





Stock market stumbles after weak US hiring news


October 02. 2013 12:40PM
Associated Press



Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) The stock market is falling as a partial shutdown of the US government continues and after a payroll company reported weak hiring last month.


The Dow Jones industrial average was down 85 points, or 0.6 percent, at 15,106 as of noon Eastern time Wednesday. It fell as much as 147 points earlier.


The Standard & Poor's 500 index was down seven points, or 0.4 percent, at 1,688. The Nasdaq composite fell 11 points, or 0.3 percent, to 3,807.


The yield on the 10-year Treasury note fell to 2.60 percent from 2.65 percent late Tuesday.


Defense contractors were among the biggest losers as investors worried that the government shutdown wouldn't be resolved quickly.


Raytheon fell $2.04, or 2.6 percent, to $75.76 and Lockheed Martin fell $3.08, or 2.4 percent, to $124.41.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds