Express

Dow Drops Over 150 Points Despite Stronger-Than-Expected US Jobs Data

Ramsey Baker

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

Last Update:

Tags: ,,,,,
Link: Dow Drops Over 150 Points Despite Stronger-Than-Expected US Jobs Data   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 10 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 17 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 21 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 24 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 28 days ago
  • You need to login to comment.