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U.S. Stocks Decline Amid Weaker-Than-Forecast Jobs, Factory Data

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Earnings Likely Negative for Next 2 Quarters

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U.S. stocks fell, after a ninth straight quarterly gain, as weaker-than-estimated data on hiring and manufacturing reinforced concern that economic growth may be slowing.

Health-care and industrial companies led declines for a second day. American Airlines Group Inc. and Delta Air Lines Inc. slumped more than 3.7 percent after Deutsche Bank cut its ratings on the shares amid concerns about their international business. Wal-Mart Stores Inc. and Johnson & Johnson slipped at least 1.4 percent. Phone and energy companies rallied.