Newshound
Joined: 30 May 2005
Posts: 753
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| Posted: Sat Aug 06, 2005 2:07 pm Post subject: Stocks slip, jobs data stokes rate fears (Reuters) |
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Reuters - U.S. stocks fell on Friday after July
jobs data exceeded expectations, spurring worries that the
Federal Reserve will continue raising interest rates and
hurting sectors sensitive to higher borrowing costs such as
homebuilders and banks.
[url=http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/news?tmpl=story&u=/nm/markets_stocks_dc]Read more...[/url] |
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