Dow tumbles 360 points after rough March jobs report

WorldNews

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U.S. stock markets struggled Friday in the homestretch of another volatile week of trading, as more dismal job numbers poured in. Oil prices, meanwhile, continued to build on this week's surge. The Labor Department announced Friday that 701,000 jobs were lost in March, driving the jobless rate up to 4.4 percent. The losses ended the nation's 113-month streak of job growth and were the worst since 2009. A day earlier, the agency disclosed that more than 6.6 million Americans had filed jobless claims last week alone, shattering the preceding week's record of 3.3 million jobless claims. The swift acceleration in job losses...

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