Wall St drops ahead of payrolls (Reuters)

NEW YORK (Reuters) ? Stocks fell about 1 percent in see-saw trade on light volume on Thursday after a four-day rally as investors awaited Friday's key payrolls report.

The Dow Jones industrial average (.DJI) dropped 93.69 points, or 0.81 percent, to 11,519.84. The Standard & Poor's 500 Index (.SPX) dropped 12.30 points, or 1.01 percent, to 1,206.59. The Nasdaq Composite Index (.IXIC) dropped 30.52 points, or 1.18 percent, to 2,548.94.

(Reporting by Edward Krudy; editing by Jeffrey Benkoe)

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20110901/bs_nm/us_markets_stocks

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