Epic US Markets Update

On Friday, S&P 500 and Nasdaq registered worst week in 2013. US employers hired at the slowest pace in 9 months in March adding just 88,000. While unemployment rate notched lower to 7.6%. Unemployment rate is the lowest since December 2008, while the labor force participation rate is at the lowest since 1979.

The Dow Jones industrial average was down 40.86 points, or 0.28 percent, at 14,565.25. The Standard & Poor’s 500 Index was down 6.70 points, or 0.43 percent, at 1,553.28. The Nasdaq Composite Index was down 21.12 points, or 0.66 percent, at 3,203.86.

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