Weak jobs report hits US stock market; AOL sells 800 patents to Microsoft

The weak jobs report in the US hits sentiment on Wall Street as the leading indicators were down over 1 per cent. In corporate news, one time internet giant AOL sells nearly 800 patents to Microsoft for nearly $1 billion. Meanwhile, Japan swings to a current-account surplus in February while World powers including - US, Russia, China, France, Britain and Germany, will hold the next round of nuclear negotiations with Iran on April 14 in Istanbul.