Composite Number - Stocks Erase Gains as Jobs Joy Fades

posted by   rajiwebstar (36)   5 months ago (latest-india-news.blogspot.com)

Stocks gave back all their morning gains Friday as oil prices rebounded and enthusiasm faded for an employment report that wasn't nearly as bad as economists were expecting. The Dow Jones Industrial Average, up some 120 points earlier, recently shook off all of those gains, shedding 9 points at 13,001. The S&P 500 was down 2 points at 1408. Turning in the worst performance was the Nasdaq Composite, which sagged by 17 points at 2464 amid dismal results from Sun Microsystems (JAVA - Cramer's Take - Stockpickr).