Economics
U.S. Stocks Slip Amid Concern Over Recovery; Crude Jumps
Earnings Likely Negative for Next 2 Quarters
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U.S. stocks fell with the dollar, while Treasuries climbed as weaker-than-estimated data on hiring and manufacturing reinforced concern that the economic recovery may be faltering. Oil rose after American crude output dropped.
The Standard & Poor’s 500 Index slipped 0.4 percent by 4 p.m. in New York, after capping its ninth straight quarterly advance. Yields on 10-year Treasuries fell seven basis points to