Disappointing jobs data weighs down markets

The nation's private employers added fewer than expected jobs in February sending the markets tumbling to a sharply lower open with the Dow plunging 156 points to 18,046. Nasdaq dropped 35 points to 4,944.

On the upside

Novogen (Nasdaq: NVGN) announced that TRXE-009 demonstrated potential to kill brain cancer stem cells.

InfoSonics (Nasdaq: IFON) reported sharply higher fourth quarter earnings as revenue soared.

Third quarter earnings and revenue dropped for Smith & Wesson (Nasdaq: SWHC) but the results were better than expected.

On the downside

Veeva Systems (NYSE: VEEV) reported higher fourth quarter earnings and revenue but the stock price fell when the company announced plans to acquire Qforma CrowdLink for an undisclosed amount.

Bazaarvoice (Nasdaq: BV) reported a loss for the third quarter.

Bob Evans Farms (Nasdaq: BOBE) reported lower third quarter earnings even as revenue rose.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 2 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 tumbled 18 points to 2088. Bitcoin added $1 to $280.
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