Weak job numbers overshadow markets
Updated at 9:20 am on 9 July 2012
Weak job numbers in the United States hang over the markets this week. That's raised hopes that the US Federal Reserve will launch a new round of stimulus measures and inject more money into the economy.
The Dow Jones Index on Friday fell 124 points, or nearly 1%, to 12,772.
The Nasdaq Composite was down 39 points, or 1.3%, to 2,937.
Across the Tasman, the Australian 200 Index closed on Friday down 11 points, or 0.3%, at 4,158.
The NZX 50 closed down 5 points, to 3,479
Across the Tasman, the Australian 200 Index closed Friday down 11 points, or 0.3 percent, to 4,158. The NZX 50 closed down 5 points, at 3,479.
At 8.10am on Monday, the New Zealand dollar was trading at 79.63 US cents, 78.15 Australian cents, 51.46 pence, 63.56 yen and 0.6494 euro. The Trade Weighted Index was at 72.56.
Brent crude oil was trading at US99 per barrel and gold was trading at $US1582 per ounce.
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