Summary Box: Stocks fall after weak jobs report

AP News
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Posted: Jun 03, 2011 4:46 PM
Summary Box: Stocks fall after weak jobs report

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.