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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
07/02/201515:06:36Statement of Changes in Beneficial Ownership (4)
07/02/201515:04:43Statement of Changes in Beneficial Ownership (4)
07/02/201515:00:49Statement of Changes in Beneficial Ownership (4)
06/29/201519:00:05Is Now the Right Time to Buy McDonald's Corporation Stock?
06/26/201506:16:38Jollibee Aims to Become One of Top Five Global Restaurant Groups
06/25/201517:50:13Less Soda Being Chosen With McDonald's Happy Meals
06/25/201517:43:02Less Soda Being Chosen With McDonald's Happy Meals
06/25/201510:13:53Annual Report of Employee Stock Plans (11-k)
06/25/201505:00:04McDonald's Shakes Up Taiwan, China Strategy
06/25/201504:43:07McDonald's Aims to Sell Taiwan Stores, Expand China Franchise...
06/24/201516:00:043 Reasons Yum! Brands' Stock Could Fall
06/23/201518:56:22Darden to Separate Some Real Estate Assets -- 3rd Update
06/23/201509:41:03The Best Stocks to Buy in What We Eat
06/23/201509:17:10McDonald's Corporation Is About to Do the Unthinkable
06/22/201510:50:08General Mills to Remove Artificial Flavors, Colors from All Cereals
06/21/201508:40:03Does McDonald's Have a Plan for Growth?
06/21/201508:00:035 Restaurants Reinventing Breakfast
06/20/201509:21:02Chipotle Mexican Grill Inc. Has A New Plan to Freshen Up Its...
06/18/201514:33:01Initial Statement of Beneficial Ownership (3)
06/18/201509:20:50Famous Dave's CEO Steps Down

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