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US stocks look to extend losses after job data

09/05/08 08:38 EDT

NEW YORK (AP) - Stocks are heading for a sharply lower open after the government disappointed investors with news that the economy shed jobs for the eighth straight month in August.

The Labor Department says payrolls shrank by 84,000 last month, more than the 75,000 economists predicted, and higher than the 51,000 jobs lost in July. The nation's unemployment rate rose to 6.1 percent from 5.7 percent.

The report confirmed Wall Street's fears that the economy is continuing to weaken. The nation has lost nearly 550,000 jobs so far this year, eroding investors' hopes for a late-year recovery.

Dow Jones industrials futures fell 112, or 1 percent, to... Full Stocks Story

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          NYSE as of 04:13PM EST on 09/04/2008

          SymbolChange%ChangeLastVolumeNews
          TWX-0.87-5.33%15.4638.95M
          HD-0.76-2.59%28.5733.06M
          S-0.53-6.18%8.0428.14M
          Q-0.27-6.57%3.8427.36M
          TSM-0.42-4.63%8.6525.03M
          EWJ-0.36-3.18%10.9523.5M
          More NYSE Most Active in the Market(Data delayed 20 mins.)

          NASDAQ as of 04:08PM EST on 09/04/2008

          SymbolChange%ChangeLastVolumeNews
          MRVL-0.69-5.46%11.9432.88M
          ONNN-0.54-6.22%8.1423M
          LVLT-0.31-9.09%3.1022.62M
          PMCS+0.07+0.81%8.7417.29M
          CMCSA-0.70-3.25%20.8516.71M
          FLEX-0.26-3.00%8.4215.42M
          More NASDAQ Most Active in the Market(Data delayed 15 mins.)

          Biggest Market Gainers

          NYSE as of 04:13PM EST on 09/04/2008

          SymbolChange%ChangeLastVolumeNews
          GBE+0.98+28.24%4.452.33M
          GGC+0.58+15.68%4.281.91M
          SCA+0.29+12.29%2.653,766
          PSS+1.81+11.58%17.449.1M
          NTZ+0.37+11.31%3.6469,979
          SEL+0.97+10.30%10.39503,334
          More NYSE Market Gainers             (Data delayed 20 mins.)

          NASDAQ as of 08:03AM EST on 09/05/2008

          SymbolChange%ChangeLastVolumeNews
          C:TRINQ+2.38+626.32%2.76198,100
          TGIC+1.04+50.00%3.12250
          RAMR+0.70+34.83%2.718,531
          CAPA+0.93+24.87%4.671,000
          EMMSP+4.75+23.17%25.25293
          PCBI+0.4221+22.69%2.28233,698
          More NASDAQ Market Gainers(Data delayed 15 mins.)

          Biggest Market Losers

          NYSE as of 04:13PM EST on 09/04/2008

          SymbolChange%ChangeLastVolumeNews
          BTH-3.81-23.99%12.07937,006
          VOL-3.07-20.28%12.07663,151
          TEX-9.30-19.65%38.02765
          HOV-1.35-17.42%6.407,000
          RHD-0.51-13.11%3.384.46M
          MXE--3.00-12.90%20.251,700
          More NYSE Market Losers(Data delayed 20 mins.)

          NASDAQ as of 08:03AM EST on 09/05/2008

          SymbolChange%ChangeLastVolumeNews
          CXSP-5.4479-25.40%16.0001280
          CIEN-4.34-24.90%13.095,250
          OPXT-1.19-18.68%5.18416,548
          ETEL-0.90-17.14%4.35105,349
          NSEC-2.795-16.77%13.87328
          COMV-1.07-16.69%5.34671,763
          More NASDAQ Market Losers(Data delayed 15 mins.)