Markets hit by low US jobs figures

European and US markets fell yesterday on the back of US jobs figures showing there was a shortfall of 32,000 in the expected number of jobs created.

Markets hit by low US jobs figures

The US has also yet to come to an agreement on the long- term plan to prevent further shutdowns. Poor jobs figures also do not justify quantitative easing, according to the Federal Bank.

The Iseq closed down 21.78 points to 4370.11. Irish and other European banks have fallen significantly having had a strong run for the last nine days. AIB was down 0.3c to 11.3c. Bank of Ireland lost 0.2c closing to 26.3c and Permanent TSB also lost 0.3c to finish at 4.5c. Insurer FBD Holdings added 10.5c to close at €15.45.

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