Online: | |
Visits: | |
Stories: |
Story Views | |
Now: | |
Last Hour: | |
Last 24 Hours: | |
Total: |
Written by Gary
US markets opened lower as expected and swiftly headed south after jobs growth slows, unemployment rate at eight-year low and appeared to keep alive the prospect of a Fed rate hike this year. Tech stocks sold off heavily and LinkedIn Corp’s shares plunged as much as 43 percent this morning, wiping out nearly $11 billion of market value. Short-term indicators are neutral.