BAD JOBS REPORT: Employers added only 54,000 new workers in May, the fewest in eight months and below what analysts were expecting. Private companies hired the fewest new workers in nearly a year. The unemployment rate inched up to 9.1 percent from 9 percent.
EURO HOPES: European officials said Greece would receive the next installment of its emergency loan package, lifting some uncertainty about Greece's ongoing fiscal crisis.
THE INDEXES: The Dow Jones industrial average lost 97.29 points to close at 12,151.26. The S&P 500 ended down 12.78 to 1,300.16. The Nasdaq composite dropped 40.52 to 2,732.78.