AP – Stocks dipped Wednesday after a disappointing report on the jobs market renewed concern about the economy. Payroll company ADP said private employers cut jobs in September for the first time in seven months. Investors hope the weak job situtation will push the Federal Reserve to take more action to get the U.S. economy going next month, including stepping up its purchases of bonds.
How the major stock indexes fared Wednesday (AP)
Posted by Yahoo! News: Stock Markets News on October 6th, 2010