US: Wall St ends lower after weak jobs data
[NEW YORK] Wall Street finished lower on Friday, led down by financial shares, but managed to pare losses by session's end.
A surprisingly weak jobs report for May prompted doubts about the US economy and its ability to justify a near-term interest rate hike.
Based on the latest available data, the Dow Jones industrial average was down 31.91 points, or 0.18 per cent, to 17,806.65, the S&P 500 lost 6.15 points, or 0.29 per cent, to 2,099.11 and the Nasdaq Composite dropped 28.85 points, or 0.58 per cent, to 4,942.52.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
World’s largest offshore wind platform by Seatrium consortium on track to be completed by 2028
Is stamp collecting enjoying an analogue revival or are its best days over?
GovTech retrenches another 38 staff in second round of layoffs
MBS adjusted property Ebitda falls 20.6% in Q3 with fewer high-roller visits, weaker hold