Stocks drop on jobs, oil over $55
Reuters - U.S. stocks slid on Friday as investors worried about a faltering economy after a government report showed May payrolls grew at the weakest pace in 21 months and crude oil prices topped $55 a barrel.
Stocks Sink at Close of Disappointing Week
AP - Wall Street finished a disheartening week sharply lower Friday after a government report showing the slowest job growth in nearly two years exacerbated concerns about the health of the economy. Steadily climbing oil prices, which topped $55 per barrel, helped push the major indexes to losses for the week.
Friday's Wall Street Glance
AP - Dow Jones Industrials
TSX up 44 1/2 on resource stocks, Dow off 92 1/2 on weak job data, rising oil
Canadian Press - TORONTO (CP) - Much slower than expected U.S. job growth and oil closing above $55 US a barrel for the first time since late April sent New York stock indexes tumbling Friday.
Stocks end lower, job growth slows in May
Reuters - U.S. stocks dropped on Friday afternoon as sharply weaker-than-expected May job growth sparked investor worry about the economy, and a 4.5 percent slump in Apple Computer Inc. hit technology shares.
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.
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.
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.
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.
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.
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