Skip to Content

Stock indexes closing lower as jobs data sparks uncertainty

KIFI

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

U.S. stock indexes are closing lower Friday after a weak jobs report sparked questions about when the Federal Reserve could pare back its immense support for the markets. The S&P 500 fell 0.2% after wavering throughout the day. Government data showed far fewer jobs were created last month than economists forecast. The jobs report is among the most anticipated pieces of economic data, and the reaction to its release was a confused one. U.S. stocks moved up and down throughout the day, as did Treasury yields. The price of U.S. oil briefly rose to its highest level since 2014.

Article Topic Follows: AP National Business

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content