Equity markets tumbled today, the sell-off triggered by Europe's debt crisis.
The Dow Jones Industrial Average decreased 348 points (3.2%) to close at 10,520, the S&P 500 Index fell 38 points (3.24%) to 1,128, and the Nasdaq Composite lost 83 points (3.44%) to 2,320.
Preliminary 1Q nonfarm productivity rose at a 3.6% annual rate, above the forecast of 2.6%, and 4Q’s report of a downwardly revised 6.3% gain. Unit labor costs fell 1.6%, versus a drop of 0.7% that was estimated, and the favorably revised 5.6% decline that was reported in 4Q.
Magnificent Seven Update
Daily Update Of Open Positions...Stocks & ETFs
