U.S. markets slide hard Wednesday

NEW YORK, Nov. 5 (UPI) -- U.S. markets fell Wednesday on a job report that said 157,000 non-farm jobs were lost in the September to October reporting period.

The Automatic Data Processing Report said 126,000 goods-producing jobs were lost in the month, 85,000 in the manufacturing sector.

Among declining stock, Citigroup fell 13.96 percent, Bank of American fell 11.33 percent and General Electric dropped 4.04 percent.

By close, the Dow Jones industrial average fell 486.01 points or 5.05 percent to 9,139.27. The Standard & Poor's 500 fell 52.98, or 5.27 percent, to 952.77. The Nasdaq composite index lost 98.48, or 5.53 percent, to 1,681.64.

On the New York Stock Exchange, 603 stocks advanced and 2,490 declined on a volume of 6.29 billion shares traded.

The benchmark 10-year U.S. Treasury bond rose 9/32 to yield 3.689 percent.

The euro fell to $1.2964, compared to $1.3001. Against the Japanese yen, the dollar fell to 98.35 yen, down from 99.78 yen.

In Tokyo, the Nikkei average gained 406.64 points to 9,521.24, up 4.46 percent.

The FTSE 100 index in London fell 108.77 points, off 2.34 percent, to 4,530.73.