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International » News » Markets

Reuters | New York June 1, 2012 Last Updated at 19:22 IST

Wall Street falls after jobs data

Dow Jones industrial average dropped 143.04 points, or 1.15%, to 12,250.41

Read more on: markets | Wall street | US jobs data | Nasdaq Composite Index

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Wall Street fell more than 1% on Friday, with the Dow industrials going briefly negative for the year, after US jobs growth was anemic in May, compounding worries over soft Chinese factory data and triggering fears of a further slowdown in the global economy.

The Dow Jones industrial average dropped 143.04 points, or 1.15%, to 12,250.41. The Standard & Poor's 500 Index dropped 16.86 points, or 1.29%, to 1,293.47. The Nasdaq Composite Index dropped 39.93 points, or 1.41%, to 2,787.41.

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