ACTING LIKE A SPOILED RICH KID, WALL Street couldn't stand the news that another part of the economy--the one in which people work for a living--is having a better time of it. How else explain the 171-point drop in the Dow Jones industrial average that, for investors, evoked memories of the Crash of 1987? The same bulls who had gleefully stampeded in the midst of corporate layoffs let out a bellow of pain last Friday, when the Labor Department reported that the U.S. had created 705,000 jobs in February, more than twice what had been expected. The market plunged from the...
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