New York Breaking News: Stocks Open Lower After Tepid Jobs Report

Wochit 1:03 mins

Stocks are opening lower on Wall Street after the government reported only modest job growth last month. Driven by better news on the economy, the stock market roared back to record highs. The Standard & Poor's 500, the Dow Jones industrial average and the Russell 2000 index set all-time highs. The S&P broke through 1,700 points for the first time. The Nasdaq hit its highest level since September 2000. Have you heard? Google's Motorola division has a new phone called the Moto X. The widely rumored device got an official unveiling and it's as cool-looking and full-featured as any flagship model in the industry. In an effort ot go after mainstream sales, the phone will be available on the five major U.S. carriers in a few weeks for $199.

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