Wall St. tumbles on signs of labor market weakness

Reuters Thursday, September 4, 2008; 3:01 PM NEW YORK (Reuters) - Stocks sank on Thursday, as more signs of weakness in the labor market and increasingly sluggish growth overseas heightened concerns about the corporate profit outlook. The market hobbled out of the opening gate after weekly government data showed an unexpected jump in the number of filings for jobless benefits, while a report by ADP Employer... [read full story]