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The Closing Bell: US Stocks Skid On Concerns About Slow Hiring; Retailers Drop
FYI: U.S. stocks are taking broad losses Thursday as investors react to mounting evidence that hiring has slowed down based on a report from payroll processor ADP. Health care and technology companies are taking sharp losses. Retailers are falling after L Brands, the parent company of Victoria's Secret, reported weak sales in June. Regards, Ted Bloomberg: https://www.bloomberg.com/news/articles/2017-07-05/asia-stocks-face-mixed-start-as-fed-minutes-parsed-markets-wrap