Stocks Fall After Service Sector, Jobs Reports Stir Questions About Economy

BY

The ISM and the jobs numbers are going to accelerate the general consensus view that maybe the economy is slower than anticipated.

Stocks fell Friday as Wall Street grappled with weaker-than-expected economic readings and
continued concerns about the credit markets.

Wall Street, coming off two straight days of triple-digit gains in the Dow Jones industrials, turned down as a trade group reported that the nation's service sector grew at a slower pace in July and the government reported that jobs growth was slower than expected last month.

JKL

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