Monday, July 9, 2012

Major stock indexes slump 1% on sluggish job growth data

The job report, along with recent lackluster manufacturing and services-sector data, reinforces investor fears about the struggling U.S. economy.

NEW YORK — Sluggish job growth has reinforced investor fears about the struggling U.S. economy, prompting louder calls that the Federal Reserve and Congress renew efforts to boost growth.


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