July 02, 2009 9:30 PM ET
The dismal report on job losses startles traders. The S&P is now a loser on the year, and oil falls below $67. Plus: The big bucks are coming back to Wall Street. | Weekly jobless claims fall. | Factory orders climb in May. | Follow Market Dispatches on Twitter. |
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Financial news centerBleak payrolls report mauls Wall St; volume thinStocks tumbled on Thursday, driving the S&P 500 down to its third-straight weekly loss, as a steeper-than-expected slide in June non-farm payrolls revived caution about economic recovery prospects. 7/2/2009 5:47 PM
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Market update
[BRIEFING.COM] A disappointing jobs report prompted sellers to knock stocks sharply lower in the first few minutes of trading. Stocks then locked into an extremely narrow trading range until the S&P 500 slipped below the psychologically...more...
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