NEW YORK (AP) — The Dow Jones industrial average fell sharply in early trading after the U.S. government reported a sharp slowdown in hiring last month.
The Dow gave up 151 points shortly after the opening bell Friday, moving down 1 percent to 14,456. Other indexes were also lower.
The Standard & Poor's 500 index was down 19 points, or 1.2 percent, to 1,540 and the Nasdaq composite was down 51 points, or 1.6 percent, at 3,174.
The Labor Department reported that U.S. employers added just 88,000 jobs in March, the fewest in nine months. It's a slowdown after a period of strong hiring and the latest troubling sign for the economy.
The yield on the 10-year Treasury note fell to 1.70 percent, its lowest of the year, as traders bought low-risk bonds.
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State police is conducting a criminal investigation after a vehicle crashing into a residence on the Eastern Shore.
David Karl Becker, a Navy SEAL, was arrested on four charges related to stealing and selling government-owned firearms and ammunition.
Newport News Police said they are looking for the person who drove into the wall of a car wash and stole a control box.