While you were sleeping US data disappoint

Wed, 03 Apr 2013

By Margreet Dietz April 4 (BusinessDesk) - Wall Street sagged from the record highs reached yesterday as the latest jobs and services industry data were weaker than expected, prompting concern about the strength of the recovery in the world's largest economy. Companies added 158,000 workers in March, ADP Research Institute data showed today, well below expectations of economists polled by Bloomberg and Reuters and the smallest increase since October. It was down from a revised 237,000 gain in February. "The job market continues to improve, b...

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