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MARKET SNAPSHOT: U.S. Stocks Dive On Lackluster Jobs Gains

By Laura Mandaro, MarketWatch SAN FRANCISCO (MarketWatch) -- U.S. stocks tumbled Friday after a report on U.S. jobs growth showed tepid, below-forecast growth last month. The Dow Jones Industrial Average (DJI) fell 110 points, or 0.9%, to 12,786. The S&P 500 (SPX) fell 11 points, or 0.8%, to 1,356. The Nasdaq Composite (RIXF) lost 21 points, or 0.7%, to 2,955. For the week, the Dow is heading toward a 0.8% loss, the S&P 500 is off 0.6%, and the Nasdaq Composite is up 0.5%. The Labor Department reported the U.S. created 80,000 in June versus 100,000 jobs expected from a MarketWatch survey of economists. Hiring slowed sharply in the second quarter, with job growth averaging 75,000 a month versus a 226,000 average in the first quarter. "There is a risk that instead of a temporary soft patch this could be the beginning of a longer-lasting downshift in economic activity," wrote Nomura Securities economists led by Ellen Zentner. The early selloff was broad. All 10 S&P 500 sectors were lower, with half down more than 1%. On the Dow, only three of 30 components, led by McDonald's Corp. (MCD), were higher. Among New York Stock Exchange-listed shares, decliners outpaced advancers by more than seven to one.

Stock News for Mcdonalds (MCD)
DateTimeHeadline
08/18/201617:30:00McDonald's Pulls Happy Meal Fitness Tracker
08/18/201617:16:00McDonald's Pulls Happy Meal Fitness Tracker After Complaints...
08/10/201618:00:00Shares Down as Shake Shack Posts Softer Same-Restaurant Sales...
08/10/201609:10:00Wendy's Profit, Revenue Slide
08/09/201615:52:35Statement of Changes in Beneficial Ownership (4)
08/08/201616:38:53Statement of Changes in Beneficial Ownership (4)
08/04/201614:39:39Quarterly Report (10-q)
08/03/201616:28:52Statement of Changes in Beneficial Ownership (4)
08/03/201614:45:59Statement of Changes in Beneficial Ownership (4)
08/02/201612:31:47Current Report Filing (8-k)
08/01/201616:49:00McDonald's to Remove High-Fructose Corn Syrup From Buns -- Update
08/01/201613:35:00McDonald's to Remove High-Fructose Corn Syrup from Sandwich Buns
08/01/201612:20:00McDonald's to Remove High-Fructose Corn Syrup from Sandwich Buns
08/01/201612:14:00McDonald's to Remove High-Fructose Corn Syrup from Sandwich Buns
07/28/201616:52:33Current Report Filing (8-k)
07/28/201616:30:00McDonald's Announces Quarterly Cash Dividend
07/27/201603:04:00At McDonald's, Breakfast Cools -- WSJ
07/26/201617:30:00Panera Tops Expectations
07/26/201614:06:00McDonald's Posts Lackluster Same-Store Sales Growth -- 2nd Update
07/26/201612:02:00MARKET SNAPSHOT: Stocks Turn Lower As Fed, Earnings Loom

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