this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt tom: good evening and thanks for joining us. a tough day on wall street stocks tumbled as u.s. data on jobs, manufacturing and auto sales came in weak. on top of that, moody s downgraded greece s bond rating deeper into junk status. susie: tom, the latest read the dow fell 279 points, the nasdaq was off 66 and the s&p 500 down 30 all of the major averages off over 2%. what spooked investors at the opening bell, a dismal report on jobs. adp, the big private payroll processor said the private sector added just 38,000 new jobs in may, that s way below the 190 thousand most economists were expecting. still oppenheimer thinks hiring will pick up later this year. our expectation is businesses will continue to invest in labor and capital, and that ll support economic activity in the second half of the year. it s not going to be strong. we re not heading into
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt tom: good evening and thanks for joining us. a tough day on wall street stocks tumbled as u.s. data on jobs, manufacturing and auto sales came in weak. on top of that, moody s downgraded greece s bond rating deeper into junk status. susie: tom, the latest read the dow fell 279 points, the nasdaq was off 66 and the s&p 500 down 30 all of the major averages off over 2%. what spooked investors at the opening bell, a dismal report on jobs. adp, the big private payroll processor said the private sector added just 38,000 new jobs in may, that s way below the 190 thousand most economists were expecting. still oppenheimer thinks hiring will pick up later this year. our expectation is businesses will continue to invest in labor and capital, and that ll support economic activity in the second half of the year. it s not going to be strong. we re not heading into
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt tom: good evening and thanks for joining us. a tough day on wall street stocks tumbled as u.s. data on jobs, manufacturing and auto sales came in weak. on top of that, moody s downgraded greece s bond rating deeper into junk status. susie: tom, the latest read the dow fell 279 points, the nasdaq was off 66 and the s&p 500 down 30 all of the major averages off over 2%. what spooked investors at the opening bell, a dismal report on jobs. adp, the big private payroll processor said the private sector added just 38,000 new jobs in may, that s way below the 190 thousand most economists were expecting. still oppenheimer thinks hiring will pick up later this year. our expectation is businesses will continue to invest in labor and capital, and that ll support economic activity in the second half of the year. it s not going to be strong. we re not heading into
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt tom: good evening and thanks for joining us. a tough day on wall street stocks tumbled as u.s. data on jobs, manufacturing and auto sales came in weak. on top of that, moody s downgraded greece s bond rating deeper into junk status. susie: tom, the latest read the dow fell 279 points, the nasdaq was off 66 and the s&p 500 down 30 all of the major averages off over 2%. what spooked investors at the opening bell, a dismal report on jobs. adp, the big private payroll processor said the private sector added just 38,000 new jobs in may, that s way below the 190 thousand most economists were expecting. still oppenheimer thinks hiring will pick up later this year. our expectation is businesses will continue to invest in labor and capital, and that ll support economic activity in the second half of the year. it s not going to be strong. we re not heading into