Summary Box: Stocks dip as jobs worries continue (AP)
June 22nd, 2011 | by Alexander Zepps |JOBS: New applications for unemployment benefits rose last week. The continued rise indicated little improvement in the job market since May, when there was a drop in the number of new jobs created.
GREEK DEAL: Reports of a new Greek austerity plan helped the Dow pare its losses. It closed down 60 points after dropping nearly 240 points in earlier trading.
THE INDEXES: The Dow closed down 59.67 points, or 0.5 percent, at 12,050. The S&P 500 index fell 0.3 percent 1,285.50. The Nasdaq gained 0.4 percent to 2,686.75.
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