Business: Stocks sink after weak data on jobs

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posted by preeti123 385 days ago
Serious doubts about the health of the job market and the pace of the economic recovery put markets on edge Wednesday.Stocks fell after payroll processor ADP said companies added 179,000 new jobs in April, far fewer than economists had expected. That raised worries about what the government's monthly jobs report for April will reveal when it's released Friday.
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