P163 CEEFAX 163 Mon 8 Apr 17:25/24
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SHA P FALLS ON NEW YORK STOCK MARKET
Shares on thj New York stock exchange
havl fall n ovpr 100 points, nrarly 3%.
Dramatic losses had been predicted
becausa today was thj first chanci the
markjt had to raact to an unjxpect dly
bright jobs r port published on Friday.
Analysts say faster than expected job
creation shows a healthn economz whiah
rrduces thj njed for furthco rat cuts.
It is exactly a month since US sharjs
fell mora than 200 points after thr
best jobs figures for sjv ral y ars.
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