Street rethinking their expectations for the Big Government employment report out on friday. Businesses added just 189,000 jobs in march, says adp. Thats the first month of gains below 200,000 in more than a year and it was far short of the 225,000 that economists were looking for. And it wasnt just adps report that disappointed today. Manufacturing activity slowed for the fifth month in a row and Construction Spending slipped as well. And all of that weighed on stocks. The Dow Jones Industrial average fell 78 points to 17,698. Nasdaq dropped 20 and the s p 500 gave up 8 points. Todays reports add to a string of recent economic misses but will there be better days ahead . Our Steve Liesman has the answer. Reporter investors riding the market bull these days have been forced to hang on for dear life. As the economy and the market take them for a very bumpy ride. Freezing february temperatures in east have slowed Economic Growth and a strong dollar and weak overseas growth have flattened
Has many on wall street and main street rethinking their expectations for the Big Government employment report out on friday. Businesses added just 189,000 jobs in march, says adp. Thats the first month of gains below 200,000 in more than a year and it was far short of the 225,000 that economists were looking for. And it wasnt just adps report that disappointed today. Manufacturing activity slowed for the fifth month in a row and Construction Spending slipped as well. And all of that weighed on stocks. The Dow Jones Industrial average fell 78 points to 17,698. Nasdaq dropped 20 and the s p 500 gave up 8 points. Todays reports add to a string of recent economic misses but will there be better days ahead . Our Steve Liesman has the answer. Reporter investors riding the market bull these days have been forced to hang on for dear life. As the economy and the market take them for a very bumpy ride. Freezing february temperatures in east have slowed Economic Growth and a strong dollar and we
Street rethinking their expectations for the Big Government employment report out on friday. Businesses added just 189,000 jobs in march, says adp. Thats the first month of gains below 200,000 in more than a year and it was far short of the 225,000 that economists were looking for. And it wasnt just adps report that disappointed today. Manufacturing activity slowed for the fifth month in a row and Construction Spending slipped as well. And all of that weighed on stocks. The Dow Jones Industrial average fell 78 points to 17,698. Nasdaq dropped 20 and the s p 500 gave up 8 points. Todays reports add to a string of recent economic misses but will there be better days ahead . Our Steve Liesman has the answer. Reporter investors riding the market bull these days have been forced to hang on for dear life. As the economy and the market take them for a very bumpy ride. Freezing february temperatures in east have slowed Economic Growth and a strong dollar and weak overseas growth have flattened