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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
05/02/201611:29:00MARKET SNAPSHOT: U.S. Stocks Struggle To Push Higher After Mixed...
04/29/201612:58:54Notice of Exempt Solicitation. Definitive Material. (px14a6g)
04/28/201601:29:00Rovio to 'Angry Birds' Filmgoers: Open App During Movie
04/27/201617:59:00LIVESTOCK HIGHLIGHTS: Top Stories of the Day
04/26/201611:16:31Statement of Changes in Beneficial Ownership (4)
04/23/201603:03:00McDonald's Gains From Breakfast -- WSJ
04/22/201613:16:00McDonald's Profit Climbs, Showing Turnaround Is Sustainable...
04/22/201610:46:00McDonald's Profit Climbs, Showing Turnaround Is Sustainable--2nd...
04/22/201609:59:00U.S. Hot Stocks: Hot Stocks to Watch
04/22/201609:10:00McDonald's Profit Climbs Above Expectations
04/22/201609:04:00McDonald's Profit Climbs Above Expectations--Update
04/22/201608:50:00McDonald's Profit Climbs Above Expectations
04/22/201608:01:26Current Report Filing (8-k)
04/22/201607:58:00McDonald's Reports First Quarter 2016 Results
04/15/201612:59:00McDonald's Pays CEO Easterbrook $7.9 Million in 2015 -- Update
04/15/201612:30:00McDonald's Pays CEO Easterbrook $7.9 Million in 2015
04/15/201612:25:00McDonald's Pays CEO Easterbrook $7.9 Million in 2015
04/15/201610:07:36Additional Proxy Soliciting Materials (definitive) (defa14a)
04/15/201610:02:45Proxy Statement (definitive) (def 14a)
04/12/201609:40:00EU Proposes Multinationals Publish Profits Generated in Tax Havens

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