8 Oct 2010

Wall St down

8:49 am on 8 October 2010

Stocks have fallen on Wall Street after signs of improvement in the jobs market sparked worries the US Federal Reserve may not pump more money into the system to stimulate a lacklustre economy.

The Dow Jones Index was down 30 points to 10,937 on Thursday.

The Nasdaq Composite was down one point to 2380.

Earlier in Europe, FTSE 100 in London was down 0.3%, the CAC-40 in Paris was down 0.2% and the DAX in Frankfurt was up 0.1%.

The Nikkei index in Tokyo was down seven points at 9684.

The Australian 200 Index was up four points to close at 4691.

The NZX 50 rose one point to 3236 on turnover of $69 million.

At 8.20am on Friday, the New Zealand dollar was trading at 75.02 US cents, 76.42 Australian cents, 47.23 pence, 61.78 yen and 0.5389 euro. The Trade Weighted Index was at 66.72.

Brent crude oil was trading at $US84.17 per barrel and gold was trading at $US1333.90 per ounce.