Wall Street falls on weak payrolls

thephotoholic

thephotoholic

Published Apr 5, 2013

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New York - US stocks fell more than 1 percent at the open on Friday, following a payroll report that was much weaker than expected, the latest in a series of reports to indicate that economic growth may be losing momentum.

The Dow Jones industrial average was down 164.09 points, or 1.12 percent, at 14,442.02.

The Standard & Poor's 500 Index was down 20.07 points, or 1.29 percent, at 1,539.91.

The Nasdaq Composite Index was down 54.48 points, or 1.69 percent, at 3,170.50. - Reuters

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