Unemployment Data Rattle Wall Street

Updated from 9:08 a.m. EDT

After a brutal session the day before, stocks in New York continued to dig a hole at Friday's open as the government's read on unemployment jumped for August, renewing investor concerns about a U.S. recession.

The Dow Jones Industrial Average tumbled 68 points to 11,120, and the S&P 500 gave back 9.1 points to 1228. The Nasdaq was down 17 points at 2242.

On Thursday, the major indices swooned, each losing at least 3% as several data reports indicated the economy remains weak. A decline in commodity prices over the past week wasn't offering much relief from the gloom, and sellers dramatically outnumbered buyers on both the New York Stock Exchange and the Nasdaq. ...