Stocks are tanking on a brutal jobs report and another surge in oil prices
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- The February jobs report shocked markets, with 92,000 job losses, compared to forecasts of 55,000 hires.
- The labor market is stumbling at a time when markets are also worried about inflation from the Iran war.
- The Dow lost almost 900 points, adding deeper losses in the week.
Stocks tanked again on Friday, with bad news in the job market piling on to fears about surging oil prices amid the Iran war.
The US lost 92,000 jobs in February...