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Dow Drops Over 150 Points Despite Stronger-Than-Expected US Jobs Data
Summary: On Friday stocks fell despite news that the United States posted stronger-than-expected jobs data. The Dow Jones Industrial Average dropped 166 points, or 0.6%. The S&P 500 fell 0.3%. The Nasdaq Composite fell by 0.4%. Those losses put the major averages on pace to snap a four-day winning streak. It is believed that the stock ...
On Friday stocks fell despite news that the United States posted stronger-than-expected jobs data.
The Dow Jones Industrial Average dropped 166 points, or 0.6%. The S&P 500 fell 0.3%. The Nasdaq Composite fell by 0.4%. Those losses put the major averages on pace to snap a four-day winning streak. It is believed that the stock market slid out of fear of the coronavirus’ impact on the Chinese economy
By Ramsey Baker
Tags: China,Dow Jones,job data,Nasdaq,S&P 500,U.S.
Link: Dow Drops Over 150 Points Despite Stronger-Than-Expected US Jobs Data [Copy]