America Breaking News: Stocks Drop Back on Mixed US Jobs Figures

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America Breaking News: Stocks Drop Back on Mixed US Jobs Figures

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America Breaking News: Stocks Drop Back on Mixed US Jobs Figures

Wochit 0:53 mins

A mixed U.S. jobs report took the edge off global stock markets as it raised questions over the pace of growth in the world's largest economy and when the U.S. Federal Reserve will start reducing its monetary stimulus. The United States is closing its embassies and consulates throughout the Muslim world on Sunday after receiving an unspecified threat, officials said. U.S. employers added 162,000 jobs in July, the fewest since March. The gains were enough to lower the unemployment rate to a 4? -year low of 7.4 percent, a good sign in an otherwise lackluster report.

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