Stocks slump following reports of slower hiring and weak growth in service industries

  • Article by: STEVE ROTHWELL , Associated Press
  • Updated: April 3, 2013 - 11:31 PM

NEW YORK - Weak reports on hiring and service industries sent the stock market sharply lower Wednesday, giving the Dow Jones industrial average its worst day in more than a month.

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dumbgopApr. 3, 1311:07 AM

Summer of recovery, Take 5. Only three and a half more years of the Obama economy.....if we survive. Can't wait for Obamacare to fully kick in. That will provide a ton of jobs, right deep thinkers?

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fdrebinApr. 3, 13 5:14 PM

With real unemployment of over 11% and real inflation at 8-9%, there stock markey would be in free fall if not for the Frederal reserve keeping interest rates at zero. This is only going to last a lttle longer, and then Obamacare will knock the legs out completely. hold on to uor hard assets sportsfans!

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badboyzsApr. 3, 13 5:59 PM

We are in a recovery! What part of that don't people understand! We have a great recovery in progress and the fact that more people are on food stamps today than 4 years ago proves it!

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bhonkerApr. 3, 13 7:54 PM

Hope the "gang of 8" and Obama take this into account while they plan to continue flooding the US Labor Market with more cheap foreign labor by expanding lousey immigration policy.

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blahstateApr. 3, 13 9:04 PM

Obama........you get what you vote for. Did you think round two would be better? Some of us knew better, but thanks to a whole lot of really foolish people, we all suffer. Thanks, deep thinkers!

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offtherecordApr. 3, 13 9:50 PM

50 million on food stamps. A new record. A real recovery would have had a decrease in the number of people on food stamps and not an increase. Please tell us again how the economy has been improving under Obama.

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