Wall Street set to fall on weak jobs data, global growth worries

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Stock futures extend losses after weak February jobs growth

REUTERS: Wall Street was set to open sharply lower on Friday after data showed U.S. job growth almost stalled in February, adding to global growth worries sparked by weak China export data and weakness in eurozone.

The weak China trade data overnight follows cut in growth forecasts by the European Central Bank, which unveiled a new round of stimulus. At 8:46 a.m. ET, Dow e-minis were down 195 points, or 0.77 percent. S&P 500 e-minis were down 20 points, or 0.73 percent and Nasdaq 100 e-minis were down 63.75 points, or 0.91 percent.

 

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