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.
Dow Jones Industrial Average
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
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David Williamson holds no position in any company mentioned. Click here to see his holdings and a short bio. The Motley Fool owns shares of Sony, Microsoft, Cisco Systems, and Apple. The Fool has created a bear call spread position in Sony. Motley Fool newsletter services have recommended buying shares of Apple and Microsoft, as well as creating bull call spread positions in Apple and Microsoft. The Motley Fool has a disclosure policy.
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