Stocks Open To Broad Losses; Liquidity Services Rebounds

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Auto manufacturers, gold miners and truck makers led broad declines early Wednesday following a soft March jobs report and Tuesday's no-new-stimulus message from the Federal Reserve. The Nasdaq backed off 1.3%, the S&P 500 1% and the Dow Jones industrial average 1.1%. Nearly half the Dow's 30 components lost more than 1%. Bank of America (
BAC
), JPMorgan (
JPM
), Microsoft (
MSFT
) and Walt Disney (
DIS
) led the declines and were down 2% each. SanDisk
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