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NEW YORK, April 5- Major stock markets tumbled and the dollar fell on Friday, after a weaker-than-expected jobs report added to fears the U.S. economic recovery may be losing steam, driving a bid for safety that boosted prices of U.S.
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NEW YORK-- Shares of Novavax Inc. rose Friday after a Wedbush analyst said it is possible the company will be called on to develop a vaccine for a strain of avian flu that has killed six people in China over the last few days. THE SPARK: Analyst Gregory Wade said he does not expect Novavax to be called on to create a vaccine for the virus.
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NEW YORK, April 5- Major stock markets tumbled, the dollar fell and U.S. U.S. employers hired at the slowest pace in nine months in March, adding just 88,000 nonfarm jobs, the Labor Department said, below an expected 200,000. The jobless rate ticked a tenth of a point lower to 7.6 percent, but largely due to people dropping out of the work force.
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NEW YORK-- A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. AT&T Inc. fell. 2 percent to $37.84 with 13,141,500 shares traded. Alcoa Inc. fell. 2 percent to $8.20 with 14,336,500 shares traded.
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Cisco Systems Inc. fell 2.5 percent to $20.51 with 35,676,500 shares traded. Dell Inc. fell. 3 percent to $14.22 with 12,635,100 shares traded. Exide Technologies rose 14.2 percent to $1.57 with 11,787,900 shares traded.
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NEW YORK-- Shares of PICO Holdings Inc. rose Friday after a subsidiary announced plans for an initial public offering of common stock. The company _ which is a subsidiary of PICO _ did not disclose how many shares it planned to offer or what the expected price range would be.
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*F5 Networks plunges after weak outlook, weighs on peers. NEW YORK, April 5- U.S. stocks fell on Friday, with major indexes down more than 1 percent, in the wake of a payrolls report that was much weaker than expected, the latest in a series of data to indicate economic growth may be losing momentum.
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NEW YORK, April 5- Major stock markets tumbled, the dollar fell, while Treasury prices rallied on Friday after a much weaker-than-expected U.S. jobs report added to fears the U.S. economic recovery was losing steam.
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*F5 Networks plunges after weak outlook, weighs on peers. NEW YORK, April 5- U.S. stocks dropped more than 1 percent on Friday in the wake of payrolls data that was much weaker than expected, the latest in a series of reports to indicate economic growth may be losing momentum.
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NEW YORK, April 5- U.S. stocks fell more than 1 percent at the open on Friday, following a payroll report that was much weaker than expected, the latest in a series of reports to indicate that economic growth may be losing momentum. The Dow Jones industrial average was down 164.09 points, or 1.12 percent, at 14,442.02.
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*F5 Networks plunges in premarket after weak outlook. NEW YORK, April 5- U.S. stock index futures pointed to a drop of more than 1 percent at the open on Friday, following a payroll report that was much weaker than expected, the latest in a series of reports to indicate that economic growth may be losing momentum.
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*S&P 500 on track for biggest weekly decline of 2013. *F5 Networks plunges in premarket after weak outlook. NEW YORK, April 5- U.S. stock index futures fell on Friday as investors looked to the release of nonfarm payrolls data, which could be the latest in a series of reports pointing to slowing growth.
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*S&P 500 on track for biggest weekly decline of 2013. *F5 Networks plunges in premarket after weak outlook. NEW YORK, April 5- U.S. stock index futures were lower on Friday as investors looked to the release of nonfarm payrolls data, which could be the latest in a series of reports pointing to slowing growth.
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*Plunge in Korea, China pulls MSCI Asia ex- Japan down 1.1 pct. TOKYO, April 5- Asian shares hit a three-month low on Friday as concerns over bird flu in China and escalating tensions in the Korean peninsula unsettled investors as they counted down to potentially pivotal U.S. payrolls data out later in the session.
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HanesBrands shares jumped Friday after the clothing company said it would begin issuing a quarterly dividend and forecast full-year earnings that were largely in line with market forecasts. THE BIG PICTURE: HanesBrands also said Thursday that it expects to earn 48 to 51 cents per share for its first quarter on revenue of $945 million.
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*F5 Networks plunges after weak outlook, weighs on peers. NEW YORK, April 5- U.S. stocks fell on Friday, setting the S&P 500 for its worst weekly performance of the year, in the wake of a payrolls report that was much weaker than expected, the latest in a series of data to indicate economic growth may be losing momentum.
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NEW YORK, April 5- Major stock markets tumbled, the dollar fell and U.S. U.S. employers hired at the slowest pace in nine months in March, adding just 88,000 nonfarm jobs, the Labor Department said, below an expected 200,000. The jobless rate ticked a tenth of a point lower to 7.6 percent, but largely due to people dropping out of the work force.
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*Facebook shares rise on new app software, Google falls. NEW YORK, April 4- U.S. stocks ended slightly higher on Thursday after the Bank of Japan announced aggressive, market-lifting policies to jump-start its economy, but weak U.S. jobs data capped gains.
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*Corn hits 9- mth bottom, Brent crude slips to 5- mth low. NEW YORK, April 4- Corn, oil and gold prices hit multi-month lows on Thursday while cotton joined the selloff in commodities that extended to a fourth day after another disappointing U.S. economic report raised worries about the health of the world's largest economy.
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*Facebook shares rise on new app software, Google falls. NEW YORK, April 4- U.S. stocks ended slightly higher on Thursday after the Bank of Japan announced aggressive, market-lifting policies to jump-start its economy, but weak U.S. jobs data capped gains.