cornerstone

Stocks Tumble Following Jobs Report

Newsvine - business  Fri, 03/07/2008 - 05:59

Stocks tumbled for a second consecutive session Friday after the government's much-anticipated February jobs report revealed employers slashed payrolls last month, touching off concern that a cornerstone of the economy's growth in recent years is showing signs of strain.

The Dow Jones industrials fell more than 200 points, bringing their two-day slide to more than 400.