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Stock prices slump as job report disappoints
By: Bill O'ReillyJuly 8, 2011
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STORY EXCERPT
CNNMoney: U.S. stocks posted broad losses on Friday as Wall Street dealt with a dismal June jobs report that showed hiring crawled to a near standstill last month. "We now have a clear indication of a stall in the U.S. economic recovery," said Frank Davis, director of sales and trading with LEK Securities.
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