Stocks Slide In Reaction To Hiring Slump In March

Stocks slide in reaction to hiring slump in March Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 09:09 a.m., Monday, April 9, 2012 The government released its jobs report on Friday, but the stock market was closed. Even before the job number came out, investors were worried that the Federal Reserve does not appear inclined to take further steps to stimulate the economy. Aluminum maker Alcoa releases its results Tuesday, becoming the first company among the 30 in the Dow to do so. — AOL shot up 44 percent after the company agreed to sell hundreds of patents and patent applications to Microsoft for a little more than $1 billion.

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