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Stocks Drop as Jobs Report Wipes Out S&P 500 Weekly Gain

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Published on Sep 2, 2011

Sept. 2 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks slumped, wiping out the weekly gain for the Standard & Poor's 500 Index, as a government report showing employment stagnated last month stoked concern the world's largest economy may fall into a recession. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)

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