Wall Street is edging lower after the government reported that the U.S. economy continued to shed jobs at a rapid pace in March.

The Labor Department's report Friday that unemployment rate jumped to 8.5 percent last month wasn't good news for a stock market that has hung a 20 percent surge over the past four weeks on incremental signs that the economy could be righting itself.

Employers slashed a net total of 663,000 jobs last month. That was slightly worse than the 654,000 economists expected but not as bad as some traders had feared.

The monthly employment report is often regarded as the most important piece of economic news affecting the market. There is even greater focus on jobs data now that the U.S. recession has stretched into the longest period of economic contraction since World War II.

The fact that the jobs data out Friday wasn't even worse was cause for some comfort given the market's recent knee-jerk reactions to bad surprises about the economy. But in order for the market to resume its forward march investors will need to see more convincing signs that the economy is improving, and analysts said the labor market is unlikely to provide much encouragement in the near term.

In the early going, the Dow fell 47.31, or 0.6 percent, to 7,930.77. Broader stock indicators also fell. The Standard & Poor's 500 index fell 4.53, or 0.5 percent, to 829.85, and the Nasdaq composite index fell 7.58, or 0.5 percent, to 1,595.05.

Yesterday’s Top Performing SmallCapVoice.com stocks:

GWS Technologies, Inc.  (OTC BB: GWSC) was a SmallCapVoice.com top performer moving up over 33% on trading volume of 15,879 shares.

GWS Technologies, Inc., an alternative energy company developing renewable energy solutions, announced that it has entered into a strategic partnership and joint venture with Sustainable Eco-Green Development Company, Inc. (SEDCO) to develop a Green Industrial Park on approximately 1,000 acres adjacent to the Phoenix-Mesa Gateway Airport in Mesa, Arizona.

Richard Reincke, CEO of GWS Technologies, Inc., and Tom Layton, CEO of SEDCO, spoke during a new audio interview about their strategic partnership and joint venture to develop the Green Industrial Park adjacent to the Phoenix-Gateway Airport in Mesa, Arizona. The interview can be heard at http://smallcapvoice.com/blog/3-31-09-audio-interview-with-gws-technologies-inc-otcbb-gwsc/.

ZAGG, Inc.  (OTC BB: ZAGG) was a SmallCapVoice.com top performer moving up over 9% on trading volume of 250,553 shares.

ZAGG Inc. designs, manufactures, and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide under the brand names invisibleSHIELD™ and ZAGGaudio™. The invisibleSHIELD is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices, and other items. The patent-pending invisibleSHIELD application of clear protective film covering a device is the first scratch protection solution of its kind on the market, and has sold millions of units. Currently, ZAGG offers over 3,000 precision pre-cut designs with a lifetime replacement warranty through online channels, big box retailers like Best Buy, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories and services to its tech-savvy customer base.

Today’s SmallCapVoice.com Hot Stock to Watch:

Ronn Motor Company, Inc.  (Pink Sheets: RNNM)

Ronn Motor Company, Inc. announced today the acclaimed H2GO(TM) powered Scorpion(TM), a hydrogen assisted, eco-exotic supercar capable of reaching more than 200 miles per hour and achieving fuel efficient results of 40 miles per gallon, will be featured on Discovery Channel's upcoming program, "World's Most Expensive Rides" which is expected to air within the next few months.

To get small cap and OTC stock quotes, company news, and much more please visit http://www.smallcapvoice.com/. Don’t forget to sign up for our complimentary newsletter. Our newsletter comes out once a day in the morning and features great small cap stock news, audio interviews, investor fact sheets on quality small cap stocks and more. We will never share your email address and we use Constant Contact, the industry standard for ethical email distribution. This provider makes it just as easy to opt-out as it is to opt in guaranteed!

About SmallCapVoice.com

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide.  Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client's financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles.  For compensation and complete disclaimer click here.

Contact:

Stuart T. Smith

CEO

512-267-2430

ssmith@smallcapvoice.com
http://www.smallcapvoice.com