Weak internal statistics has been a disappointment to investors. As of 16.33 Moscow time the index of wide market S&P 500 has decreased on 1,18% — to 1901,19 points, index NASDAQ high-tech companies — 1.39%, to 4562,29 item.
MOSCOW, 2 Oct. U.S. stock indices decline markedly at the opening of trading Friday amid weak statistics on the U.S. labor market, according to AFP.
As of 16.33 Moscow time the index of wide market S&P 500 has decreased on 1,18% — to 1901,19 points, index NASDAQ high-tech companies — 1.39%, to 4562,29 item, index DJIA — on 1,33%, to 16054,61 item.
Frustrated investors have brought evidence that, although the unemployment rate in the United States in September remained at the August level at 5.1%, the number of jobs in nonagricultural sectors of the economy grew by only 142 thousand against the expected growth of 200 thousand.
The Ministry of labor also revised August growth in the number of jobs in nonagricultural sectors, the increase amounted to 136 thousand instead of the previously reported 173 thousand.
“This time the response to labor-market data was unambiguous. The problem is that it was unequivocally negative. In this situation, any rate increase by the fed in the current month cannot be considered. But these figures are questioned and the probability of the December increase”, — said the chief international economist at ING, Rob Carnell (Rob Carnell), quoted by Reuters.