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US STOCKS SNAPSHOT-Weak jobs data sinks Wall Street

Fri Jul 3, 2009 1:56am IST
 
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 NEW YORK, July 2 (Reuters) - U.S stocks tumbled on Thursday after
a larger-than-expected slide in June non-farm payrolls signaled that
hopes for a quick economic recovery may prove premature.
 Due to a glitch in the New York Stock Exchange's system, trading
 was extended 15 minutes beyond the traditional closing time of 4
p.m. (2000 GMT) to ensure all trading orders were executed.
 The Dow Jones industrial average .DJI dropped 223.32 points, or
2.63 percent, to close unofficially at 8,280.74. The Standard &
Poor's 500 Index .SPX fell 26.87 points, or 2.91 percent, to
896.46. The Nasdaq Composite Index .IXIC lost 49.20 points, or 2.67
percent, to 1,796.52.
 (Reporting by Rodrigo Campos; Editing by Jan Paschal)





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