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US stocks slip after jobs data

Saturday, 5 November 2011


NEW YORK, Nov 4 (AFP): US stocks opened lower Friday, as investors digested slightly better-than-expected US jobs data and kept an eye on Europe's public debt crisis, with Greece's fate still uncertain. The Dow Jones Industrial Average tumbled 79.16 points (0.66 per cent) to 11,965.31 in the first minute of trade. The tech-heavy Nasdaq Composite shed 20.38 points (0.76 per cent) to 2,677.59, while the S&P 500-stock index, a broader measure of the markets, dropped 8.45 points (0.67 per cent) to 1,252.70.