Friday, June 03, 2005

Stock Markets Afternoon News 6/3/2005

Stocks drop on slower job creation

Reuters - U.S. stocks dropped on Friday afternoon as sharply weaker-than-expected May job growth sparked investor worries about an economic slowdown, while oil hit the $55-a-barrel mark.

Read More...

Stocks Drop on Disappointing Jobs Report

AP - Questions about the health of the nation's economy sent stocks sharply lower Friday after the government reported the slowest job growth in nearly two years and oil prices climbed above $55 per barrel.

Read More...

Sentiment gives dollar boost over euro

Reuters - The dollar rose against the euro on Friday as sentiment continued to reward higher U.S. interest rates and relatively positive growth prospects over political instability and economic torpor in the euro zone.

Read More...

Stocks fall on jobs and services data

Reuters - U.S. stocks fell on Friday after data on payrolls and the services sector for May came in below expectations, raising worries about the economy, and oil prices climbed above $54 a barrel.

Read More...

TSX advances on resource stocks, NY fades on disappointing jobs data

Canadian Press - TORONTO (CP) - New York stock markets turned sharply lower Friday afternoon as oil crept toward $55 US a barrel and investors contemplated a much weaker than expected U.S. jobless report for May.

Read More...

Dollar initially falls after jobs report

Reuters - The dollar initially fell on Friday, after the influential U.S. jobs report showed the labor market was weaker-than-expected last month.

Read More...

Euro dives on Italian call to quit EMU

Reuters - The euro suddenly spiked lower on Friday after an Italian minister said that Italy should quit the single currency and revert back to the lira.

Read More...

Nikkei inches up by midday

Reuters - Japan's Nikkei average edged up a meager 0.05 percent by midday on Friday as firmness in tech shares and shippers was offset by profit-taking on recent gainers such as Toyota Motor Corp. and Softbank Corp.

Read More...

Wall St seen down, jobs report awaited

Reuters - Wall Street stocks were expected to open slightly weaker on Friday with investors focused on the 1230 GMT release of May U.S. payroll report, seen as a gauge of the health of the U.S. economy.

Read More...

Thursday's Wall Street Glance

AP - Dow Jones Industrials

Read More...

No comments: