U.S. stocks close lower Friday on tepid jobs report, Dow still scores biggest weekly gain since June

Binance
U.S. stocks close lower Friday on tepid jobs report, Dow still scores biggest weekly gain since June
US stocks close lower Friday on tepid jobs report Dow
Binance


U.S. stock indexes ended lower Friday, but still booked weekly gains, with technology stocks under pressure as bond yields rose after a monthly report on the labor market came in much weaker than expected. However, the jobs report seems unlikely to delay Federal Reserve plans to announce a reduction of its bond purchases as the economy recovers from the pandemic. How did major stock indexes trade? On…



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