KQEH Nightly Business Report April 2, 2015
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...