The biggest corporate hiring spree in five years is reversing a weeklong slide in the stock market.
Stocks slid Thursday after claims for unemployment benefits rose unexpectedly for the first time in three weeks.
The Dow Jones industrial average fell more than 100 points Tuesday after Japan raised the alert level on its nuclear crisis and Alcoa Inc. reported disappointing revenue growth. Energy stocks fell sharply after oil prices dropped.
Mounting concerns over the impact of the massive earthquake in Japan are pushing stocks lower in midday trading. The earthquake and tsunami along Japan’s northeast coast killed thousands and has raised fears of a slowdown in the world’s third-largest economy.