Markets are down across the board today, as the jobs report was wildly underwhelming. Sure, headline unemployment dropped down to 8.1%, but that was largely job seekers giving up hope. The economy added 115,000 jobs, but 350,000 left the labor force. Feel the recovery!
With that in mind, let's take a closer look at how the major indexes are fared and drill down on a few stocks driving today's action.
Index |
Gain/Loss |
Gain/Loss % |
Intraday Value |
---|---|---|---|
Dow Jones Industrial Average |
(151.22) | (1.15%) | 13,055.37 |
Nasdaq | (58.00) | (1.92%) | 2,966.30 |
S&P 500 | (19.54) | (1.40%) | 1,372.03 |
Source: Yahoo! Finance.
Today's sell-off has been broad. The Dow is held up better than the other two major indexes, but all 30 components are in negative territory. Cisco
Microsoft
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