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Stocks dip as September jobs report disappoints

Published: October 2, 2009 11:13 AM
By The Associated Press  IEVA M. AUGSTUMS (AP Business Writers), SARA LEPRO (AP Business Writers)

Quick ReadUnexpectedly steep September job losses send stocks moderately lower, extending market's slide

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NEW YORK (AP) — Stocks fell Friday after the government reported that more jobs were lost in September than had been expected.

Major indexes were off their lows by midmorning as investors looked for bargains after four straight days of losses.

The day's news continued a drumbeat of bad indicators for the economy, especially the still-struggling job market. The Labor Department reported...

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