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Wall St. drops on labour market data, North Korea tensions

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Reuters NEW YORK
Last Updated : Jul 07 2017 | 1:48 AM IST

NEW YORK (Reuters) - U.S. stocks fell sharply on Thursday after a batch of disappointing labour market data clashed with the possibility of a more hawkish Federal Reserve, while rising tensions in the Korean peninsula provided additional pressure.

The Dow Jones Industrial Average fell 156.35 points, or 0.73 percent, to 21,321.82, the S&P 500 lost 22.58 points, or 0.93 percent, to 2,409.96 and the Nasdaq Composite dropped 61.39 points, or 1 percent, to 6,089.46.

(Reporting by Chuck Mikolajczak; Editing by Peter Cooney)

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First Published: Jul 07 2017 | 1:36 AM IST

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