U.S. stocks fell today from mixed U.S. employment data. The U.S. jobs report for January missed expectations on job creation, even though the unemployment rate dipped below 5% for the first time since early 2008. While job growth slowed, the participation rate as well as wages increased. Bond prices finished lower amid the jobs report. The Dow Jones Industrial Average dropped 261 points, or 1.6%, for the week.
The best-performing sector was: Telecom
While the worst-performing sector was: Technology
The Dow Jones Industrial Average* was down 211.75 at 16,204.83
The Standard & Poor's 500 Index was down 35.43 at 1,880.02
The NASDAQ Composite Index was down 146.42 at 4,363.14
Volume on the New York Stock Exchange was high today, with 1.15 billion shares traded.
Decliners outnumbered advancers by roughly a 4 -to -1 margin.
The spot price of gold rose $16.62 to $1,172.22
The spot price of silver rose $0.15 to $15.01
And crude oil prices fell $0.73 to $30.99
The 30-year Treasury yield closed at 2.68%
And the 10-year Treasury yield finished at 1.84%
The Dow Jones Indexes are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones Indexes © 2015 is proprietary to Dow Jones & Company, Inc.
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