U.S. Stocks Tumble At Open; Dow Drops Over 200 Points

By Anora MahmudovaMarketWatch Pulse

U.S. stocks opened sharply lower, with Dow industrials dropping more than 200 points as investors reacted to a disappointing jobs report that suggested the labor market had cooled off by the end of the summer. The U.S. economy created 142,000 jobs last month, while the economists had expected 200,000. The S&P 500 opened 24 points, or 1.2%, lower at 1,899. The Dow Jones Industrial Average dropped 200 points, or 1.3%, to 16,068. The Nasdaq Composite began the day down 62 points, or 1.4%, at 4,566.

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