03-06-2016 22:53 via news.yahoo.com

Stocks, dollar, bond yields tumble as weak U.S. jobs data stuns

By Sam Forgione NEW YORK (Reuters) - U.S. and European shares, the dollar, oil and bond yields all dived on Friday after data showed the slowest pace of U.S. job growth in more than five years, dashing expectations that the Federal Reserve could raise interest rates in June. U.S. non-farm payrolls rose by just 38,000 in May, the smallest gain since September 2010 and far below an expected 164,000. Wall Street's top banks unanimously expect the Fed to leave rates unchanged when its policymakers m
Read more »