Friday, October 06, 2006

U.S. stocks fall on mixed jobs report; Micron Tech tumbles

Quotes & News:
11:40 am ET Oct 6, 2006

DJIA

11,845

-21.37
_______
S&P

1,347

-5.51
_______
NASDAQ

2,298

-7.92
------------
10Yr

4.68%

+0.070

U.S. stocks fall on mixed jobs report; Micron Tech tumbles

NEW YORK -- U.S. stocks fell Friday after a mixed jobs report prompted
some investors to lock in profits after a three-session run of gains,
with disappointing earnings out of chipmaker Micron Technology further
undermining sentiment.
_______________
Economic Report: September nonfarm payrolls' rise is lowest in 11
months

WASHINGTON -- U.S. firms cut back their hiring in September to the
slowest pace since last year's damaging hurricane season, but stronger
job growth in July and August took much of the sting out of the
weakness, government data show.
________________
Earnings Outlook: Alcoa's results will give glimpse into commodities
cycle

SAN FRANCISCO -- When Alcoa Inc. ushers in the start of third quarter
earnings on Tuesday, it'll also provide an early snapshot of how
commodities firms are handling the recent downturn in prices.

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