Monthly Archives: April 2013

Wall Street Pares Losses

Disappointing earnings results weighed on the stock market in early trading on Thursday, following two steep drops this week.

The market didn’t get any help from economic news early Thursday.

The Labor Department reported that the number of Americans seeking unemployment benefits increased 4,000 last week to 352,000. The slight gain suggests that the sluggish hiring seen in March may not last. Applications are a proxy for layoffs.

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