Why the Dow's Falling Today
It's been a rough day for the markets today, which were dragged down by a subpar jobs report showing that just 80,000 jobs were created in June. That means that the unemployment rate will stay at 8.2%, spurring even more questions about the uncertain global economy. Not surprisingly, cyclical stocks are many of the big losers today, with Caterpillar dropping around 3% as of mid-afternoon. Check out the video below for more on what drove the markets today, and which individual stocks were hurt most by the down day.
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At the time this article was published Brendan Byrnes has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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