Stocks Extend Losing Streak on Poor Jobs Data
NEW YORK (TheStreet) - Stocks fell for the fourth day in a row Monday as disappointing news on job creation in March gave investors pause ahead of first-quarter reporting season.
The Dow Jones Industrial Average sank 131 points, or 1%, to close at 12,930, its first finish below 13,000 since March 12. The blue-chip index caught a slight bounce off its intraday low of 12,904 and is still up 5.8% in 2012.
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