Jobless data sends stocks reeling

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News Link • Economy - Economics USA Jobless data sends stocks reeling 07-02-2009 • AP A dour report on job losses in June sent stocks sharply lower Thursday. Major stock indexes fell more than 2.6 percent after the government said the U.S. unemployment rate hit a 26-year high. The Dow Jones industrials closed at their lowest level in six weeks. Trading on the New York Stock Exchange was extended until 4:15 p.m. Eastern time in order to execute customer orders impacted by system irregularities, an NYSE spokeswoman said. Read Full Story
Reported by Powell Gammill

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