Stocks Flat After Jobs Data

By Kevin Spak,  Newser Staff
Posted Apr 3, 2009 8:48 AM CDT
Traders work on the floor of the New York Stock Exchange in New York, Thursday, April 2, 2009.   (AP Photo/Seth Wenig)
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(Newser) – Stocks ran out of gas at the open today, as investors digested a grim jobs report. The Dow and S&P were essentially flat, the Wall Street Journal reports, while the Nasdaq inched higher, on strong earnings from Research in Motion. The BlackBerry maker posted a 26% gain in earnings and was rewarded with a more than 21% share jump. The Labor Department’s latest report showed unemployment at a 25-year-high.