U.S. stocks fell on Thursday as manufacturing and labor market data heightened fears of a double-dip recession before Friday's key employment report.
Major indexes were lower for a fourth straight day after suffering their worst quarter since late 2008, but losses eased near the end of the session.
"Right now everyone is so concerned about a major 'potential depression' or deflation taking place -- it's really roiling the market," said Paul Mendelsohn, chief investment strategist at Windham Financial Services in Charlotte, Vermont.
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