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'Fast Money' Recap: Jobless Angst

Stock quotes in this article: IBB , ERJ , AEO , ENER  

Wall Street took a blow Friday from yet another bad jobless report.

The conventional wisdom leading up to the Labor Department's report was that the jobless number would be bad, and it was. The jobless rate rose 0.4% to 7.2% in December as the nation lost 524,000 jobs for the month and 2.6 million jobs for 2008, the most since the end of World War II.

That report helped send the Dow Jones Industrial Average down 143.28, or 1.64%, to 8,599.18, while the S&P 500 dropped 19.38, or 2.13%, to 890.35. The Nasdaq lost 45.42, or 2.81%, to 1,571.59. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,464.40 1,110.63 2,176.05 32.79
Oil *
77.05
UP
30.69
UP
4.98
UP
6.87
DOWN
0.38
10 Yr
3.28%
SPDR Gold
116.62
+0.29%
+0.45%
+0.32%
-1.15%
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