Sunday, March 9, 2008

US Stocks Tumble Following Jobs Report - Further Bad news for indian Markets

Wall Street ended a dreadful week with another big loss Friday after the government surprised investors with a report that employers eliminated 63,000 jobs last month. The news compounded fears that the U.S. economy, already hampered by an unrelenting credit crisis, is succumbing to recession.

US Markets End in RED

Dow 11,893.69 -146.70 -1.22%

Nasdaq 2,212.49 -8.01 -0.36%

S&P 500 1,293.37 -10.97 -0.84%

Europe Markets Too ended in RED

FTSE 100 5,699.90 -66.50 -1.15%

DAX 6,513.99 -77.32 -1.17%

CAC 40 4,618.96 -59.09 -1.26%

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