Market Wrap for Wednesday, May 1: Stocks Fall as Employment Data Weakens in April
May 01, 2013 at 16:16 PM EDT
The U.S. stock market was hit hard on Wednesday as investors reacted to a report which showed slowing employment conditions for the month of April. The losses were also likely amplified by profit taking as the Dow and S&P have been hovering near record highs in recent days. Overall, all