Stock Market Today: Dow Fell After Weak Jobs Report – Barron’s

December 12, 2021 by No Comments

The stock market fell hard Friday, as investors winced at the November jobs report. The labor market is stronger than the headline result would suggest, making the Federal Reserve more likely to act more hastily in removing monetary support from the markets and the economy.  

The Dow Jones Industrial Average dropped 60 points, or 0.2%, one day after the blue-chip benchmark rallied 617 points. The S&P 500 declined 0.8%, while the Nasdaq Composite tumbled 1.9%. All three indexes initially rose after the weaker-than-expected…

Source: https://www.barrons.com/articles/stock-market-today-51638526763

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