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06/01/12 4:49 PM

#69452 RE: C C #69451

Dow Loses All of Its Gains for 2012
U.S. stocks posted their biggest losses of the year following another disappointing employment report.


The Dow industrials sank 274.88 points, or 2.2%, to 12118.57, turning negative for the year. The Nasdaq composite lost 79.86, or 2.8%, to 2747.48. The S&P 500 fell 32.29, or 2.5%, to 1278.04.


Gold prices shot up 3.7% to $1,620.50 a troy ounce. The yield on the 10-year Treasury note fell to 1.467%, its first time ever below 1.5%. Crude-oil slumped 3.8%. The dollar retreated against the euro and yen.


http://stream.wsj.com/story/markets/SS-2-5/?mod=djemalertMARKET