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Stocks waver after government reports 700,000 job losses

In this Jan. 3, 2020 file photo, the Wall St. street sign is framed by U.S. flags flying outside the New York Stock Exchange in New York. Global stocks are down, Friday, April 3, after the U.S. government said employers cut 701,000 jobs in March as they shut down or sharply curtailed business due to the coronavirus outbreak. Photo: AP/ Mary Altaffer. In this Jan. 3, 2020 file photo, the Wall St. street sign is framed by U.S. flags flying outside the New York Stock Exchange in New York. Global stocks are down, Friday, April 3, after the U.S. government said employers cut 701,000 jobs in March as they shut down or sharply curtailed business due to the coronavirus outbreak.

The Associated Press
Created: April 03, 2020 08:57 AM

Stocks are wavering in early trading on Wall Street after the government reported that more than 700,000 jobs were lost last month.

The S&P 500 was up 0.4% in the first few minutes of trading.

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Businesses have shut down across the country and the world as people stay home in hopes of slowing the spread of the coronavirus outbreak.

European markets were down after losses in most of Asia.


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