NEW YORK (AP) — A series of weak economic reports pushed the stock market sharply lower Wednesday. Stocks fell to their lowest level in a month.
Companies like miners, banks and chemical makers, whose fortunes are most closely tied to the prospects for growth, fell the most. That's a sign investors are becoming less confident in the U.S. economy.
The troubling data released Wednesday included weak hiring at private companies, orders to U.S. factories that were weaker than expected and sluggish job growth in the service sector.
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