Wall Street slips on economic slowdown concerns

     NEW YORK, June 6 (Xinhua) -- U.S. stocks slipped on Monday as investors¹ were concerned about the U.S. economic slowdown and became more cautious in the markets.

    The market sentiment was still weighed after five straight weekly losses. Investors were wary² about the strength of economic recovery after the latest economic data pointed³ weaker growth.

    Major averages ended last week with sharp declines after the monthly jobs report from the Labor⁴ Department showed the economy added least jobs in eight months. Meanwhile, the unemployment rate jumped to 9.1 percent from 9.0 percent, providing fresh evidence that the economic recovery is running out of steam.

    With the absence of major economic news, investors were apparently⁵ taking sidelines. All sectors⁷ were trading lower, while energy and financial stocks were among the biggest losers.

    Crude oil prices fell on Monday with U.S. benchmark losing 1.21 percent to settle at 99.01 dollars a barrel and the London Brent crude dropping 1.17 percent to close at 114.48 dollars. Lower oil prices pressured energy sector⁶.

    And bank stocks extended last week's decline mainly caused by Washington's discussion about raising capital requirements.

    The Dow Jones industrial average dipped 61.30 points, or 0.50 percent, to 12,089.96. The Standard & Poor's 500 was down 13.99 points, or 1.08 percent, to 1,286.17. The Nasdaq Composite Index dropped 30.22 points, or 1.11 percent, to 2,702.56.(本文由在线英语听力室整理编辑)

1 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

2 wary   

adj.谨慎的，机警的，小心的

参考例句：

• He is wary of telling secrets to others.他谨防向他人泄露秘密。
• Paula frowned,suddenly wary.宝拉皱了皱眉头，突然警惕起来。

3 pointed   

adj.尖的，直截了当的

参考例句：

• He gave me a very sharp pointed pencil.他给我一支削得非常尖的铅笔。
• She wished to show Mrs.John Dashwood by this pointed invitation to her brother.她想通过对达茨伍德夫人提出直截了当的邀请向她的哥哥表示出来。

4 labor   

n.劳动，努力，工作，劳工；分娩；vi.劳动，努力，苦干；vt.详细分析；麻烦

参考例句：

• We are never late in satisfying him for his labor.我们从不延误付给他劳动报酬。
• He was completely spent after two weeks of hard labor.艰苦劳动两周后，他已经疲惫不堪了。

5 apparently   

adv.显然地；表面上，似乎

参考例句：

• An apparently blind alley leads suddenly into an open space.山穷水尽，豁然开朗。
• He was apparently much surprised at the news.他对那个消息显然感到十分惊异。

6 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

7 sectors   

n.部门( sector的名词复数 )；领域；防御地区；扇形

参考例句：

• Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
• Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》