Wall Street falls after jobs data

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

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Reuters New York
Last Updated : Jan 21 2013 | 6:14 AM IST

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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First Published: Jun 01 2012 | 7:22 PM IST

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