Saturday, June 7, 2008

US data

Stocks fall as oil prices, U.S. jobless rate soar

U.S. lost jobs for a fifth month and the unemployment rate rose by the most in more than two decades, as an influx of students into the workforce drove the biggest jump in teenage joblessness since at least 1948

U.S. stocks face renewed economic uncertainties
Surge in joblessness, oil near $140 fuel recession fears

Fed's Bullard says too soon to say markets have recovered

Crude touches $139 mark just ahead of pit close; now up $10.63 to $138.40

Fed's Bullard says Fed must tackle inflation this year

ECB's Weber says Euro-area economic fundamentals remain sound

May Nonfarm Payrolls -49K vs -60K consensus, prior revised to -28K from -20K

May Unemployment Rate 5.5% vs 5.1% consensus; prior 5.0%

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