Stocks fall following disappointing jobs report
Oct 02, 2009 | 398 views | 0 0 comments | 6 6 recommendations | email to a friend | print
NEW YORK (AP) — Stocks posted modest losses after the government reported that more jobs were lost in September than had been expected.

Stocks fell for a fourth day Friday following the Labor Department's report that employers cut 263,000 jobs last month compared with 201,000 in August. Economists had been expecting cuts would decrease.

The Dow Jones industrials fell 22 to 9,488 a day after tumbling 203 points on weak manufacturing and unemployment reports. The Standard & Poor's 500 index fell 5 to 1,025. The Nasdaq composite index fell 9 to 2,048.

Stocks are lower for the second straight week.

Two stocks fell for every one that rose on the New York Stock Exchange. Volume totaled 1.4 billion compared with 1.6 billion Thursday.

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