Top 10 News Items 9/28-10/02: Jobs Number Comes in Worse-Than-Ex...

Courtesy StreetInsider.com News Articles  Fri, 10/02/2009 - 14:04

Here is a recap of the top news items from this week on Wall Street: 1. The important September jobs number was released on Friday and as had been anticipated, was worse than expected.

The data showed that the change in nonfarm payrolls for September was down 263,000, vs. the consensus of -175,000.

The unemployment rate for the month came in at 9.8%, vs. the consensus of 9.8%. Although futures traded sharply lower, buyers stayed resilient and the market hung...

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