Stocks fall at open after poor jobs report

NEW YORK -- Stocks are falling in the opening moments of trading after a new report showed more job losses than expected in June. The U.S. report Thursday follows a similar weak jobs report from overseas. The Labor Department's unemployment figures showed the jobless rate rose to 9.5 percent last month from 9.4 percent in May. Recession-weary employers cut a larger-than-expected 467,000 jobs in June, suggesting that the economy's road to recovery will be bumpy. A report in Europe showed unemployment in the 16... [read full story]                    

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