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Stocks Decline, Swiss Franc Strengthens Before U.S. Payrolls
Sep. 02, 2011 12:12PM PST
Base Metals Investing Bloomberg reports that stocks and commodities were down as U.S. futures fell and the Swiss franc strengthened before an American jobs report.
Bloomberg reports that stocks and commodities were down as U.S. futures fell and the Swiss franc strengthened before an American jobs report.
The market news is quoted as saying,
The MSCI All-Country World Index lost 0.8 percent as of 9:42 a.m. in London. The Stoxx Europe 600 Index fell 1.9 percent and futures on the Standard & Poor’s 500 Index retreated 0.8 percent. The Swiss franc gained against all 16 of its major counterparts. Copper and nickel declined more than 0.6 percent.