Stocks edge lower as jobs data and Syria strikes rattle markets
U.S. stocks drifted after a weaker than expected March jobs report and news of missiles against Syria. Defense shares rose while banks and energy firms fell. major indices fluctuated but closed near little changed. Oil and Brent rose on Middle East tensions.
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Unemployment dips to decade low as hiring slows in March
U.S. employers cut back sharply on hiring adding 98,000 jobs in March but the unemployment rate fell to 4.5 percent, the lowest since May 2007. Analysts note weather and prior warm months helped, while full-time jobs rose in higher paying sectors and part-time workers decreased.
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