US stocks end week of trading in the red

Friday, 08. March 2019 22:00

United States markets closed lower on Friday following the lower than anticipated February jobs figures. The Labor Bureau report showed earlier today that the nonfarm payroll employment increased by just 20,000, while the annual wage growth was at 3.4%. Meanwhile, President Donald Trump's economic adviser Larry Kudlow stated that Washington and Beijing have come very far in trade negotiations, but that the US delegation will not accept a bad deal.

The Dow Jones Industrial Average ended 0.10% lower led by Exxon Mobil losses of 1.43% at the end of the session. The Nasdaq 100 was 0.16% below the flat line at market close with Ross Stores as the worst performer, falling 3.63%. The S&P 500 closed 0.22% in the negative territory. Noble Energy plunged 5.37%.

Meanwhile, the euro added 0.45% against the dollar, selling for 1.1231 at 3:59 pm ET.

Related Links: 
Author:
Breaking the News / SS