Job market report disappoints Wall Street (CNNMoney)


Posted in Business News by Admin - Nov 8, 2009

Higher-than-expected payroll losses for October could set markets lower after rally that pushed Dow back above 10,000. U.S. stocks were set to fall Friday after the government reported higher-than-expected payroll losses for October and an increase in unemployment. S&P 500, Nasdaq-100 and Dow Jones industrial average futures were lower, losing their lukewarm gains immediately after the payroll report.

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Nov
8