Stock market falls as July jobs miss spark doubt
New York stocks drop sharply after a July payroll report shows only 32,000 jobs added, far below economists’ 243,000 forecast. Dow falls 0.7 percent to 9,889.88, S&P 500 down 0.7 percent, Nasdaq down 1.1 percent, signaling investor worry about growth and Fed policy. Major decliners include Halliburton, GM, Belo, and Labor Ready amid oil price concerns and a looming Fed decision. International markets retreat as the FTSE, DAX, and CAC-40 slip.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board of Governors
Fed
Wall Street
Dow
S&p
Halliburton Co
General Motors
Belo Corp
Dallas Morning News
July Roundup Shows Modest Retail Gains Across Sectors
July consumer spending remained restrained with apparel chains like Gap and mid priced department stores posting weak gains. Luxury retailers and discounters such as Wal Mart showed brighter results though August outlooks were muted. Analysts tie slower sales to waning mortgage refinancing, higher gasoline and grocery costs, predicting continued modest demand.
MENTIONED IN THIS ARTICLE
New York
Gap Inc
Wal-Mart Stores Inc
Wal-Mart
Target
Al-Sadr denies sparking crisis as Najaf clashes rage
Al-Sadr spokesman Mahmoud al-Sudani in Baghdad urged UN and Iraq's interim government to halt violence while condemning American troop actions. In Najaf, U S helicopters attacked militants hiding near the Imam Ali Shrine as gunfire and explosions echoed. Reports said ten killed and forty wounded in Najaf with Iraqi police and U S forces advancing.
MENTIONED IN THIS ARTICLE
Mahmoud al-Sudani
al- Sadr
Baghdad
United Nations
Iraq
Najaf
U.S
Imam Ali Shrine
Old City
Ahmed al- Shaibany
Hussein Hadi
Najaf General Hospital
Hana
Samarra
Ahmed Jadou’a
Nasiriyah
AbdelKhuder al-Tahir
Interior Ministry
al-Sadr
Cpt
Ettore Sarli
Sarli
Golf
Basra
Mahdi Army
Ad al-Basri
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Standard & Poor
Labor Ready Inc
New York Stock Exchange
Japan
Britain
Germany
France
Enron
SAN Francisco
Enron Corp
California
John Forney
Portland
Ore
Pacific Gas & Electric Co
Forney
Edwin Prather
At&t Takeover
At&t Corp
Securities and Exchange Commission
IGE
Raul
Ylor
Eisenhower
Ottawa
Kansas
EDLC
Patriots Bank
Weyven Geny
Arlols Bank
Arnett
Main
4Th Ave
Garnatt
Garnett
Maple Binet
Chiar
P.O
Gurnett, KS
Westphalia
Ceton
Richmond
Gardner
E. Wdner
Prir
Ottawaherald.com
Trae
Casey
Pomona
E. Franklin
Caseys.com
John Deere
KE A Deere
JohnDeere.com
Baldwin City
Paola, KS
Wore & Company
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