Stocks skid at start

U.S. markets tumble after surprise decline in payrolls; Nasdaq down 1.2% at open.

September 7 2007: 9:32 AM EDT

NEW YORK (CNNMoney.com) -- U.S. stocks retreated in early trading Friday after a surprising August jobs report that showed a decline in payrolls.

The Dow Jones industrial average fell 0.7 percent. The Nasdaq composite index lost 1.2 percent. The Standard & Poor's 500 index was 0.6 percent lower.

Among stocks in the news Friday: Harley-Davidson (Charts, Fortune 500),Hovnanian Enterprises (Charts, Fortune 500), PepsiCo (Charts, Fortune 500), Mattel (Charts, Fortune 500), Wyeth (Charts, Fortune 500) and Pozen (Charts). Top of page
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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.
© 2012 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Ad choices .