US stocks dip before employment report unveiled

Stocks slid in New York today as investors focused on the US government’s forthcoming employment report, shrugging off a widely expected decision by Opec to raise its crude oil output.

US stocks dip before employment report unveiled
Thu, 03 Jun, 2004 - 22:53

Stocks slid in New York today as investors focused on the US government’s forthcoming employment report, shrugging off a widely expected decision by Opec to raise its crude oil output.

Uncertainty over Intel’s mid-quarter forecast also pulled down tech shares.

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CourtsBusinessHeathrowPlace: USPlace: New YorkPlace: LebanonPerson: Todd ClarkOrganisation: US governmentOrganisation: OPECOrganisation: IntelOrganisation: Labour DepartmentOrganisation: Wells Fargo SecuritiesOrganisation: NasdaqOrganisation: Standard & PoorOrganisation: Wall StreetOrganisation: Organisation of Petroleum Exporting CountriesOrganisation: Federal ReserveOrganisation: Bank of AmericaOrganisation: AllstateOrganisation: Hartford Financial ServicesOrganisation: Hartford FinancialOrganisation: Wal-Mart StoresOrganisation: SearsOrganisation: RoebuckOrganisation: New York Stock Exchange
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