Dow Suffers Worst Day Since January As Markets Drop
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JaysonPhotography/Thinkstock(NEW YORK) — An upbeat report on job creation did little to help the markets as stocks moved lower on Wednesday.
The Dow Jones Industrial Average finished the session on Wednesday at 18,096.90, down 106.47 from its open.
The Nasdaq also fell by 12.76 to close at 4,967.14. The S&P 500 fell by 9.25 points to close at 2,098.53.
It was the Dow’s worst day since Jan. 30.
Payroll processor ADP announced on Wednesday that that private companies added 213,000 jobs in February, the 13th straight month of gains. The number, however, was down from the 250,000 added in January.
The government’s employment report will be released on Friday.
McDonald’s wants its customers to know where it’s getting its chicken. The fast food giant says it will no longer buy from suppliers that raise birds with antibiotics. It’s the strongest move from a food company so far in the fight against superbugs.
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