Australian Market Report of September 3: US Jobs Data Raised Concerns

  Sydney, Australia, Sep 3, 2009 - (ABN Newswire) - Wall Street overnight extended its losses after a disappointing non-farm payrolls report in August, which raised concerns over the coming key reports on employment this week. US private sector slashed 298,000 jobs in August, a faster rate than economists' forecast.The Australian share market posted a 1.7 per cent loss yesterday amid a sell-off in financial and resources stocks.  

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