Dow Ends Week Down 211
S&P 500, Nasdaq also down
By Newser Editors and Wire Services
Posted Feb 5, 2016 3:19 PM CST
Trader Fred DeMarco, left, works on the floor of the New York Stock Exchange, Friday, Feb. 5, 2016.   (AP Photo/Richard Drew)

(Newser) – US stocks closed sharply lower after a weak jobs report cast doubt on the strength of the US economy. Technology stocks were especially hard hit, leading a broad decline Friday that included all sectors except utilities. Other big losers were energy and consumer discretionary stocks, down because oil prices fell and further concern that the risk of the US economy slipping into recession, while low, is growing. The Dow Jones industrial average fell 211 points, or 1.3%, to close at 16,204. The Standard & Poor's 500 index fell 35 points, or 1.9%, to close at 1,880. The Nasdaq composite fell 146 points, or 3.2%, to close at 4,363.

 

My Take on This Story
Show results without voting  |  
100%
0%
0%
0%
0%
0%