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dow2664 The economy in the U.S. added jobs according to the recent government statistics, but it was not enough to keep the primary index composites from slipping into the red once again as of last session close. All three primary stock composites in the U.S. finished below breakeven and thus put an end to the positive streak that stocks had experienced earlier in the trading week. The Dow Jones Industrial Average officially closed out red by .18 percent at 11,103.12. The Nasdaq officially closed out red by 1.10 percent at 2,479.35. The S&P 500 closed out negative as well by .82 percent at 1,155.46. The positive news that stemmed from the jobs data was only enough to stem the negative recession tide, but not enough to push the primary indices into the green to finish off the week. According to the Labor Departments statistics, the nation’s economy added 103,000 jobs during the month of September. Although this number was better than the numbers that were added in August, it still is not enough to keep up with the population growth. In addition to this negative spin, almost 50,000 jobs that were counted as “added” were really only Verizon workers that were on strike and then rehired. The national unemployment rate remained at 9.1 percent. Frank Matto
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