A dour report on job losses in June sent stocks sharply lower Thursday.
Major stock indexes fell more than 2.6 percent after the government said the U.S. unemployment rate hit a 26-year high. The Dow Jones industrials closed at their lowest level in six weeks. Trading on the New York Stock Exchange was extended until 4:15 p.m. Eastern time in order to execute customer orders impacted by system irregularities, an NYSE spokeswoman said.
The Dow Jones industrial average fell 223.32, or 2.6 percent, to 8,280.74.
The Standard & Poor's 500 index fell 26.91, or 2.9 percent, to 896.42.
The Nasdaq composite index fell 49.20, or 2.7 percent, to 1,796.52.
For the week:
The Dow is down 157.65, or 1.9 percent.
The S&P is down 22.48, or 2.5 percent.
The Nasdaq is down 41.70, or 2.3 percent.
For the year:
The Dow is down 495.65, or 5.7 percent.
The S&P is down 6.83, or 0.8 percent.
The Nasdaq is up 219.49, or 13.9 percent.
A service of YellowBrix, Inc.
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