NEW YORK (AP) -- Stocks are closing sharply lower after investors delivered their verdict on disappointing job growth in March. It's only the second four-day losing streak of the year for the Dow Jones industrial average and the Standard & Poor's 500.
The Dow finished down 130 points at 12,929, its first close below 13,000 since March 12. The S&P is ending the day off 16 points at 1,382. The Nasdaq composite closed down 33 at 3,047.
The country added 120,000 jobs in March, about half the pace from December through February. Markets were closed Friday, so Monday was investors' first chance to respond.
Volume was light at 3.1 billion shares. Declining stocks outnumbered advancers by about 4-to-1 on the New York Stock Exchange.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.