US STOCKS-Wall St slides 2 pct after job growth stalls - Reuters

NEW YORK, Sept 2 (Reuters) - Wall Street stocks dropped more than 2 percent on Friday as Labor Department data showed jobs growth flatlined in August, intensifying worries the economy is staggering.

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Financial, manufacturer and energy stocks suffered the biggest losses as declining issues far outweighed winners on a light-volume day ahead of the long U.S. Labor Day holiday weekend.

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Stocks had risen recently on hopes the Fed would introduce new stimulus after data reflected a weak economy, recouping 50 percent of the down move from a July high. However, analysts said the Fed may be running out of options in its fight to stimulate the economy.

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US STOCKS-Wall St slides 2 pct after job growth stalls - Reuters