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Jobs Put Consumers In A Funk
1The Consumer Confidence Index fell 4.9 points to 76.8 in Sept., the worst since March's 10-year low. The current conditions index fell 2.5 points to 59.5, the lowest since Nov. '93. The outlook index slid 6.5 points to 88.4 in Sept. The report mirrors a big drop in Sept.'s IBD/TIPP Economic Optimism Index. Weak sentiment could hurt consumer spending. More on this page, A2
Chicago Factory Growth Slows
2The Chicago purchasers' index plunged 7.7 points in Sept., the biggest one-month drop in 11 years, to 51.2. That's still above the boom-bust 50 mark. New orders and output also showed far slower growth. The jobs index, which in Aug. suggested hiring for the first time in over 3 years, slid 5.9 points to 45.3 in Sept. More on this page, A2
Selling Hits Stocks; Bonds Jump
3 The Nasdaq fell 2.1%, led by Nets, chips, networkers and computers. The small-cap S&P 600, which rallied from a sharp early drop to briefly turn positive, slumped 0.5%. The large-cap S&P 500 wilted 1.1%. Volume grew. Major averages fell in Sept., the first monthly drops since at least Feb. The 10-year Treasury yield fell below 4%, a first since mid-July. More on this page, B2
FBI Probes White House On Leak