S&P 500 drops on weak hiring data

Note: This section contains information in English only.
Source: Dukascopy Bank
S&P 500 index dropped sharply on Friday after data showed that hiring slowed rapidly in April. The report confirmed investor concerns that the US economic recovery is struggling. S&P 500 fell 1.61% or 22.47 points and closed at 1,369.10, marking the biggest weekly drop for this year. Southwestern Energy tumbled 7% and Peabody Energy sank 3.5% as crude prices in commodity markets kept fading. Aon Corp lost 5.8% on news its net profit for the 1st quarter slipped 3%. 

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