Dow dives more than 500 points after July jobs report misses expectations ...Middle East

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By Krystal Hur, CNN New York (CNN) — Stocks slid Friday as a disappointing jobs report added to fears that the US economy is weakening. The Dow fell 541 points, or 1.3%, Friday morning. The S&P 500 lost 2.1% and the Nasdaq Composite declined 3.2%. The US economy added just 114,000 jobs in July, according to Bureau of Labor Statistics data released Friday. That’s far below economists’ estimates of 175,000 jobs added. The unemployment rate surged to 4.3% from 4.1%, above expectations for it to stay steady. That comes a day after stocks sold off sharply on soft economic news. Data Thursday revealed that first-time applications for jobless benefits rose last week to its highest tally si

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