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Showing posts with the label ADVFN World Daily Markets Bulletin:

ADVFN World Daily Markets Bulletin:

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ADVFN I I I World Daily Markets Bulletin   Daily world financial news US Market Reports Stocks See Further Downside Following Early Sell-Off 7/6/2012 11:01 AM ET After moving sharply lower at the start of trading on Friday, stocks have seen some further downside over the course of the morning. The major averages have slid firmly into negative territory, pulling back further off Tuesday's highs. Much of the weakness on Wall Street stems from a negative reaction to the Labor Department's report on U.S. employment in the month of June. While the report showed a continued increase in employment, the pace of job growth fell well short of economist estimates. The Labor Department said non-farm payroll employment rose by 80,000 jobs in June compared to economist estimates for an increase of about 100,000 jobs. The report also showed that the unemployment rate remained unchanged at 8.2 percent. Software stocks have shown a substantial move to th