Stocks are traded lower at noon after a dismal report on the work of stifled market hopes for an economic recovery fast.
The Ministry of labour, said only 18 000 jobs have been created in the United States last month, less than nine months. The full report hopes for a quick recovery after the economy collapsed this spring.
Traders sold stocks, erasing the gains of the week and in the relative safety of government bonds. Yield on the Treasury 10-year note fell to 3.02 percent of 3.19% before the publication of the jobs report.
Shortly before midday, the Dow Jones is down 109 or 0.9%, at 12,611. The & S P 500 is 15 or 1.1 percent, to 1,339. The Nasdaq has lost 30, or 1 percent, at 2,843.
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