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Dow falls 160 points on weak jobs report
cnn.com ^ | May 4, 2012 | Ben Rooney

Posted on 05/04/2012 12:21:54 PM PDT by Free ThinkerNY

NEW YORK (CNNMoney) -- U.S. stocks sold off Friday after a government report showed that employers added fewer-than-expected jobs in April.

Dow Jones industrial average (INDU) lost 161 points, or 1.2%, in afternoon trading. The S&P 500 (SPX) slid 21 points, or 1.5%, and the Nasdaq (COMP) fell 60 points, or 2%.

Stocks are on track to end the week lower, after posting two consecutive weekly gains. For the week, the S&P 500 is headed for a loss of 2.3%.

(Excerpt) Read more at money.cnn.com ...


TOPICS: News/Current Events
KEYWORDS:

1 posted on 05/04/2012 12:22:00 PM PDT by Free ThinkerNY
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To: Free ThinkerNY

But but but...but...the news said it was the greatest jobs report evah!!!!


2 posted on 05/04/2012 12:23:36 PM PDT by dsrtsage (One half of all people have below average IQ. In the US the number is 54%)
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To: Free ThinkerNY

Just beginnin..


3 posted on 05/04/2012 12:24:01 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: Free ThinkerNY

Strangest election year recovery ever...


4 posted on 05/04/2012 12:24:53 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Free ThinkerNY

unexpected of course.


5 posted on 05/04/2012 12:25:27 PM PDT by Perdogg
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To: Free ThinkerNY
Dow falls 160 points on weak cooked jobs report

Investors aren't as dumb as Barry's toads in his state run "media" think they are. They aren't buying the phony numbers created for the "media" by the union thugs.

6 posted on 05/04/2012 12:32:14 PM PDT by FlingWingFlyer (Dumb, dependent and Democrat is no way to go through life. - Rep. Louie Gohmert (R-Texas)
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To: Free ThinkerNY
ZERO Job improvement plan:
1. Remove several million from the ranks as they give up looking for jobs.
2. Get LSM to report good jobs numbers.
3. Punish anybody that dares to report the TRUTH! ! ! !
Even with all the lies the numbers are way too high.
Not to worry LSM will just report 5% in October. . . .
Problem solved. . . . .
Iran next problem for ZERO and the LSM. . . . . . . They will solve it the same way. . . . . .
7 posted on 05/04/2012 12:35:47 PM PDT by DeaconRed (Cold War Veteran. . . . US Army Security Agency 1964-1968- I have now gone pecan.)
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To: FlingWingFlyer

If you think the numbers are cooked now, just wait till October. You ain’t seen nothing yet!


8 posted on 05/04/2012 12:42:26 PM PDT by Fresh Wind ('People have got to know whether or not their president is a crook.' Richard M. Nixon)
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To: Free ThinkerNY

Epic fail.

No matter whose fault he thinks it is - he cannot fix it .


9 posted on 05/04/2012 12:42:53 PM PDT by NoLibZone (I trust Sarah Palin, Dick Cheney, Cain, Perry, Bachman : I trust their judgment on 2012 pick.)
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To: Free ThinkerNY

But it was good news, right? Those traders must be racists trying to make O look bad.


10 posted on 05/04/2012 12:43:32 PM PDT by lacrew (Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
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To: Perdogg
"unexpected "

I do not think that word means what journalists seem to think it means.

11 posted on 05/04/2012 12:57:22 PM PDT by Pollster1 (Can we afford as much government as welfare-addicted voters demand?)
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To: Free ThinkerNY

For the first time the AP, Reuters and other reports are FINALLY telling us that the rate went down because half a million people fell OFF the rolls...

You really haven’t seen that tidbit included in the reportage ( a little Frenchie lingo there) in the past months.

I am sitting here, full of hope that the Ministry of Propaganda might be, may be losing just a sliver of control over the media shills??

Nah...


12 posted on 05/04/2012 1:05:59 PM PDT by GRRRRR (He'll NEVER be my President, FUBO! Treason is the Reason! Impeach the Kenyan)
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To: Free ThinkerNY

Right this very second on CNN is the following headline, below Ali Velshi’s smiling face and shiny head...

“Obama’s Magic Jobs Number
Close to regaining all the jobs lost”


13 posted on 05/04/2012 1:09:42 PM PDT by Doctor 2Brains (If the government were Paris Hilton, it could not score a free drink in a bar full of lonely sailors)
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To: GRRRRR

See post 13


14 posted on 05/04/2012 1:11:00 PM PDT by Doctor 2Brains (If the government were Paris Hilton, it could not score a free drink in a bar full of lonely sailors)
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To: Free ThinkerNY

Oil...down big
Gold & Silver...started down, ended up
Stocks...ended near their low.

Things might just be getting interesting.


15 posted on 05/04/2012 1:11:57 PM PDT by NeoCaveman ("If I had a son he'd look like B.O.'s lunch" - Rin Tin Tin)
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To: GRRRRR

Terms that have been “unexpectedly” missing from the media since Jan 2009:

McJobs

Homeless problem

Recovery for Wall $treet but not Main Street


16 posted on 05/04/2012 1:15:31 PM PDT by nascarnation
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To: Free ThinkerNY


17 posted on 05/04/2012 2:45:59 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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