Stocks closed lower on Wall Street Friday after the US economy showed a sharp slowdown in hiring in March. The March jobs report was far worse than economists had forecast and the news sent stocks lower.
Stocks dropped over one hundred points for the fourth straight day Tuesday, following a profit slump at technology companies and steep decline in oil prices. The bad news even outweighed hopeful developments in Europe.
The S&P 500 index eked out a tiny gain Monday while traders kept an eye on talks in Europe to cut Greece's crushing debt load, but other indexes ended slightly lower. The Dow fell 11 points to close at 12708.