Robust jobs data, hawkish Fed comments send markets into tailspin

MANHATTAN (CN) - Markets were routed this week after a bevy of reports showed the job market hasn't loosened up, compounding hawkish comments by the leading Federal Reserve official before Congress.

Nearly each day saw significant losses, and by the week's end the Dow Jones Industrial Average lost 1,481 points, while the S&P 500 dropped 184 points and the Nasdaq fell 551 points.  

The carn