Weak Data Sends Stocks Lower with First Solar (FSLR) and LinkedIn (LNKD) on the Move
Posted on May 04, 2012 at 16:16 PM EDT
Closing out the day... Stocks fell hard after a disappointing reading from the jobs market raised concerns about the pace of U.S. economic growth. Stocks dropped lower after a Labor Department report showed the U.S. economy added fewer jobs than expected last month. Nonfarm payrolls rose by 115,000 in April, while economists surveyed by Dow Jones Newswires anticipated an increase of 168,000 jobs. The unemployment rate ticked down a 10th of a percentage point to 8.1%, th...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
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