Dow, S&P fall despite global central bank action

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) – The Dow and the S&P 500 fell on Thursday, retreating from the biggest three-day rally of the year as investors geared up for a jobs report that is likely to show Europe's crisis is weighing heavily on the U.S. economy. The market derived no lasting benefit from reports showing rising private sector employment and falling claims for jobless benefits since investors traditionally give more weight to the monthly non-farm payrolls report due on Friday. Financials were a weight on Wall Street, led by JPMorgan Chase . The Dow component was down 3. …


See original here: Dow, S&P fall despite global central bank action

This entry was posted in Stocks, World News and tagged , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>